Well 3 years later and the FTC with the help of backers and the gaming public were able to win the case vs Erik Chevalier who took the Kickstarter money, over 100k$, for Doom that Came to Atlantic City, and instead moved to Oregon, bought a house and then bought movie equipment to make indie films. While telling the backers that the money was gone, used up in production. Kieth Baker, the designer, and Lee Moyer, the minis sculptor were never payed.
The FTC levied a few restrictions on Chevalier, some little more than a slap on the wrist. But leveld a 100k fine on him and he has to log his funds with them for the next 18 years to show that he cannot repay or else they will garner it.
On top of that. ABC's Good Morning America did a piece on it yesterday, interviewing one of the backers who helped investigate, and pinned down Chevalier on the street for a quick interview.
Washington Post article
http://www.washingtonpost.com/blogs/the-switch/wp/2015/06/11/the-ftcs-first-crowdfunding-enforcement-is-over-a-failed-board-game-on-kickstarter/ (http://www.washingtonpost.com/blogs/the-switch/wp/2015/06/11/the-ftcs-first-crowdfunding-enforcement-is-over-a-failed-board-game-on-kickstarter/)
Good Morning America clip.
http://abcnews.go.com/GMA/video/ftc-settles-crowdfunding-fraud-case-31742100 (http://abcnews.go.com/GMA/video/ftc-settles-crowdfunding-fraud-case-31742100)