Peachy Printer launched on Kickstarter back in September of 2013. It claimed to be the world’s first $100 3D printer and scanner,and raised $651091 CAD in backer money. Now Rylan Grayston, the companys CEO, or claims that his co-founder David Boe embezzled nearly half of that money,and used it to build himself a original house.
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Source: gawker.com