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Crowdfunding site to return donations in fraudulent cases
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Since it was started six years ago, the website has handled over 170 fund-raisers. It has not had a single case of fraud because of a three-step verification process it applies.
PHOTO: SCREENGRAB FROM ROHI.SG
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Crowdfunding site, Ray of Hope Initiative, said that from Oct 1 this year, it will return donations in full if any of its fund-raisers turns out to be fraudulent.
It is the first crowdfunding website in Singapore to offer a "donation back guarantee".
