Keyword: fraud

Crowdfunding campaigns come under scrutiny again

A crowdfunding effort on behalf of a well-known comedian has turned into China’s latest controversy over crowdfunding. On April 8, xiangsheng (crosstalk) comedian Wu Hechen suffered a cerebral haemorrhage and was hospitalized in Beijing. His condition has since stabilized. Following this, his family began trying to raise donations for a total of 1 million Yuan on the crowdfunding platform Shuidichou (水滴筹). Wu’s mother wrote on her platform account that both herself and Wu’s father have already retired, and their income is not nearly sufficient to afford the necessary medical care. She expressed the hope that members of the public could lend a hand and help her family. This was met with suspicion and …read more