Instead of baking cookies or holding a garage sale, many fundraisers are turning to the internet to collect cash.
Crowdfunding online is growing. In the nearly seven years since GoFundMe started, the site has generated more than $3 billion in donations.
The site has changed the lives of many campaign beneficiaries but also created a new kind of scam.
“The OB there didn’t give us any hope whatsoever,” said Jessica Leibouvitz, recounting the day she went into labour. “They told us our best option was to terminate.”
At a hospital in Louisiana, the advice hit Leibouvitz hard.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of Precise Investors. The information provided on Precise Investors is intended for informational purposes only. Precise Investors is not liable for any financial losses incurred. Conduct your own research by contacting financial experts before making any investment decisions.
