Crowdcube banned Shaw Academy now turns to Shadow Foundr for ECF campaign.

Shaw Academy raised £2m on Crowdcube recently. Well they thought they had. Crowdcube cancelled the campaign as it completed because of actions taken by SA that contravened Crowdcube's regulations.

We wrote about it here

Now as you know Crowdcube regulations allow you do pretty much anything so long as you are not caught. So this must have been a really big thing for the Cube to write off their commission.

Shadow Foundr is as it suggests, very much in the gloom. I dont believe SA will get off the ground here, but you should be aware of the Crowdcube facts if you are thinking of investing.

It is all part of the pond life that ECF seems to have made friends with.