quote:

Originally posted by sdy: Donors can expect to see refunds within 7-10 business days.

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Originally posted by sdy:
https://www.breitbart.com/tech...-verified-charities/

GoFundMe has announced that all donors to the fundraiser for the Canadian Freedom Convoy will be “automatically” refunded.

The Company claims it reversed course due to “donor feedback” after it announced it would “redirect” donations intended for the Canadian Freedom Convoy to “credible and established charities” that are chosen by Freedom Convoy organizers and “verified by GoFundMe.”

To simplify the process for our users, we will be refunding all donations to the Freedom Convoy 2022 fundraiser. This refund will happen automatically—you do not need to submit a request. Donors can expect to see refunds within 7-10 business days.

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Originally posted by Tailhook 84:

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Originally posted by sdy: Donors can expect to see refunds within 7-10 business days.

Just to make the math easy, let's assume GFM has had the money for 11 days. Assuming a 10 day delay in returning the donations, that's 3 weeks they'll have to accumulate interest on the millions of dollars donated. What would be the nominal rate of interest be and the resulting dollar value they are about to pocket? Just curious.

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Originally posted by Tailhook 84:
Thank you, doublesharp. I erroneously thought it would be much higher than that.

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Originally posted by wcb6092:
$213,827 CAD raised through https://www.givesendgo.com as of this morning. I donated today. Screw Go Fund Me.

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Originally posted by Aglifter:
Per a FB conversation, there should be a t shirt with a rig, and “Seize the Means of Corruption.”

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Originally posted by TSE:

quote:

Originally posted by wcb6092:
$213,827 CAD raised through https://www.givesendgo.com as of this morning. I donated today. Screw Go Fund Me.

Unfortunately givesendgo.com keeps crashing. Whether due to volume, bad actors, or incompetence is not clear.

quote:

GoFundMe backtracks on redistributing money for Canadian truckers, under threat of fraud investigation

Crowdfunding platform says it will automatically refund $10 million in donations

Timothy Nerozzi
Published 3 hours ago

Facing a potential fraud investigation by the state of Florida, GoFundMe reversed a decision to redistribute money given by thousands of donors to the Canadian "Freedom Convoy" protesting COVID-19 regulations.

On Friday, the crowdfunding platform GoFundMe froze the convoy's official campaign, claiming law enforcement convinced the company that the convoy had become violent and unlawful.

GoFundMe encouraged donors to submit a refund form, and said that any funds not properly returned to donors would be donated to a charity chosen by the Freedom Convoy.

Within hours, however, GoFundMe walked back the refund applications, instead announcing it would be refunding donors automatically.

Florida Gov. Ron DeSantis said that he would "investigate" the company, accusing them of fraud.

"GoFundMe supports peaceful protests and we believe that was the intention of the Freedom Convoy 2022 fundraiser when it was first created. We now have evidence from law enforcement that the previously peaceful demonstration has become an occupation, with police reports of violence and other unlawful activity," GoFundMe announced. There has been little to no reports of documented violence at the protest.

GoFundMe also drew the ire of Texas Attorney General Ken Paxton, who stated on social media that he would be launching a fraud investigation.

"Patriotic Texans donated to Canadian truckers’ worthy cause using GoFundMe. This BLM-backing company went woke, froze the funds, & failed to deliver Texans’ money," Paxton said. "Today I assembled a team to investigate their potential fraud & deception. Texas donors will get Justice!"

The GoFundMe page to support the "Freedom Convoy" of Canadian truckers was approaching $10 million as of Monday evening, which is more money than the major federal political parties of Canada raised during the last quarter of 2021.

"Our current government is implementing rules and mandates that are destroying the foundation of our businesses, industries and livelihoods," read the convoy’s GoFundMe page. "We are a peaceful country that has helped protect nations across the globe from tyrannical governments who oppressed their people, and now it seems it is happening here."

The company additionally cited the group of trucks' evolution from convoy to stationary protest in Ottawa as the reason for the campaign's termination.

"Organizers provided a clear distribution plan for the initial $1M that was released earlier this week and confirmed funds would be used only for participants who traveled to Ottawa to participate in a peaceful protest. Given how this situation has evolved, no further funds will be directly distributed to the Freedom Convoy organizers — we will work with organizers to send all remaining funds to credible and established charities chosen by the Freedom Convoy 2022 organizers and verified by GoFundMe."

Critics of the company's haphazard cancellation include Tesla CEO Elon Musk, who questioned whether there is a "double-standard," given past fundraisers for legal funds in defense of antifa members and criminal protesters.

FOX Business' Jon Brown contributed to this report.