GoFundMe says it has an answer for fraud

United States News News

GoFundMe says it has an answer for fraud
United States Latest News,United States Headlines
  • 📰 NBCNews
  • ⏱ Reading Time:
  • 57 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 86%

GoFundMe CEO says the company has an answer for fraud.

Get breaking news alerts and special reports. The news and stories that matter, delivered weekday mornings.GoFundMe has helped raise $5 billion for everything from disaster relief to medical expenses to tuition for college students in need since it launched in 2010.

"We wouldn't let the money leave the building," Solomon said,"until we could figure out how to get the flow of funds to the beneficiary."At GoFundMe, the search for fraud is an around-the-clock operation for what it calls its"Trust and Safety Team." Solomon said GoFundMe has tools that allow it to compare images and texts across different campaigns and shut down the fakes before they are shared or harvest any donations.A member of GoFundMe's Trust and Safety Team showed NBC News a copycat campaign that popped up after the March 15 mosque shootings in Christchurch, New Zealand.

In the New Jersey scam, Kate McClure and the homeless veteran she was"helping," Johnny Bobbitt Jr., have now pleaded guilty to federal charges. McClure pleaded to one count of conspiracy to commit wire fraud while Bobbitt pleaded guilty to one count of conspiracy to commit money laundering. "There's some bad actors out there. Misuse on the platform is very, very, very rare. Less than 1/10th of 1 percent of campaigns result in any type of misuse," he said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

NBCNews /  🏆 10. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Vogue publisher Conde Nast hires former Pandora CEO Roger Lynch as global CEOVogue publisher Conde Nast hires former Pandora CEO Roger Lynch as global CEOConde Nast, the publisher of Vogue, Vanity Fair and the New Yorker, has hired the former chief executive of Pandora as its first global CEO, the company said...
Read more »

Boeing's new 737 MAX flight control system 'seems foolproof': Norwegian CEOBoeing's new 737 MAX flight control system 'seems foolproof': Norwegian CEOBoeing's new MCAS flight control system for its 737 MAX aircraft appears fo...
Read more »

Condé Nast Names Former Pandora Boss as New CEOCondé Nast Names Former Pandora Boss as New CEOCondé Nast has tapped veteran media executive Roger Lynch as its new global chief executive as the publisher of Vogue, Vanity Fair and the New Yorker combines its U.S. and U.K. businesses.
Read more »

J.P. Morgan CEO calls for “Marshall Plan for America,” floats higher taxes on wealthyJ.P. Morgan CEO calls for “Marshall Plan for America,” floats higher taxes on wealthy“The wealthy should remember that if we improve our society and our economy, then they, in effect, are among the main winners,” said J.P. Morgan CEO Jamie Dimon.
Read more »

Ghosn Arrested Again As Japan Digs In To Put the CEO AwayGhosn Arrested Again As Japan Digs In To Put the CEO AwayCarlos Ghosn was arrested again, this time on charges of using his position at Nissan to enrich himself unethically and unlawfully
Read more »

Jeff Bezos to Keep 75% of Amazon Stock He Held With Ex-WifeJeff Bezos to Keep 75% of Amazon Stock He Held With Ex-WifeAmazon CEO Jeff Bezos and his wife Mackenzie Bezos have finalized their divorce.Per CNBC, MacKenzie Bezos’ Amazon shares will be worth $35.6 billion.In her first tweet Thursday morning on her newly created account, MacKenzie Bezos said she was “grateful to have finished the process of dissolving” their
Read more »

Tesla's Elon Musk in court as judge weighs SEC contempt caseTesla's Elon Musk in court as judge weighs SEC contempt caseTesla CEO Elon Musk arrives at Manhattan court where judge will weigh SEC contempt case
Read more »

\nIs Walgreens CEO Pessina Opening Up To A Big Merger?\nIs Walgreens CEO Pessina Opening Up To A Big Merger?Walgreens Boots Alliance CEO Stefano Pessina says the drugstore chain is 'constantly reviewing a certain number of companies.'
Read more »

Condé Nast hires new CEO with digital backgroundCondé Nast hires new CEO with digital backgroundRoger Lynch, who helped launch online video service Sling TV, is joining the magazine company as it continues to pivot away from its declining print business.
Read more »



Render Time: 2025-02-24 16:58:35