Mahi Sall, Advisor, Fintech-Bank Partnerships, Payments and Financial Inclusivity
January 25th, 2023
CBC news | Sept 19, 2017
An Ottawa-based mobile phone company's crowdfunding efforts were shut down Tuesday morning amid allegations the phone they were offering was a copy of an existing model.
Moe Omer, the co-founder of mobile phone company frank., told CBC News that Indiegogo contacted him saying several members of the public had contacted them, reporting his phone was a copy of a phone already manufactured in China.
See: Ottawa Teen's Low-Cost Smartphone To Take On Apple & Samsung
Omer said he explained that the phone's pre-made mold already existed on an online marketplace called Alibaba, but they were making custom improvements and that their edge is that by making a bulk order, they can lower the price.
Indiegogo promised to follow up, Omer said.
"Then we were shut down without notice," he said.
A yellow banner tops the web page now, reading "This campaign has been closed by Trust and Safety due to a violation of our Terms of Use."
The National Crowdfunding Association of Canada (NCFA Canada) is a cross-Canada non-profit actively engaged with both investment and social crowdfunding, blockchain ICO, alternative finance, fintech, P2P and online investing stakeholders across the country. NCFA Canada provides education, research, leadership, support, and networking opportunities to over 1600+ members and works closely with industry, government, academia, community and eco-system partners and affiliates to create a vibrant and innovative online financing industry in Canada. Learn more About Us or visit ncfacanada.org.
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