Awesome smartwatch crowdfunding project raises scam alerts

August 5, 2014

Not too long ago, Kickstarter suspended a crowdfunding campaign for the iFind, a device that would have raised well over $550,000 despite not being able to share any details about the product with backers or show a functional prototype. It’s still not clear whether that was an elaborate scam or an actual product, but it looks like there’s one more similar product that’s raising scam flags during funding. With 17 days left in the campaign, the Ritot smartwatch has already passed $750,000 in funds on Indiegogo well over its initial $50,000 goal, but The Next Web revealed there are some issues with the campaign.

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