Crowdfunding becoming popular way to raise funds fast, but donations
are gifts and may not be deductible
Arlington, VA – May 9, 2013 – The rescue this week of three women and a child from a Cleveland home where they were held captive for a decade has gained worldwide attention. Generous donors wishing to help the victims are being cautioned by Better Business Bureau to confirm the legitimacy of all charitable fundraising and crowdfunding efforts.
“A tragedy of this nature that is the focus of high profile media attention inspires people to give,” says David Weiss, president and CEO of BBB of Greater Cleveland, “but, unfortunately, also catches the attention of scammers who try to take advantage of well-meaning generosity.”
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