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Fears are growing over the lack of regulation of equity-based crowdfunding, with some experts warning of a scandal waiting to happen.

In the past few years, crowdfunding websites – which allow investors collectively to fund small firms – have become an increasingly popular way for fledgling enterprises to raise money. The sector has already grown into a £500million industry.

To read the original article: Is equity crowdfunding a scandal waiting to happen? Experts warn lack of regulation leaves door open to rogue firms | This is Money