Well, as much as I like Kickstarter, I kinda knew this was gonna happen sooner or later. Outright fraud attempting to use Kickstarter to steal money. Details at Kickstarter
and Rock Paper Shotgun
On one hand, I'm sad (but not surprised) that this happened. Like I said, I think it was inevitable given wide-spread human nature that someone would see Kickstarter as a group of easy marks ready for the fleecing. On the other hand, the crowd caught this one. Any kickstarter that might attract enough attention to really take a lot of money will also attract enough attention that they should get caught. But I also can't say that I don't think people have successfully used Kickstarter as a scam vector before. (Hmm, double negative there. I DO think Kickstarter has probably BEEN used in this manner before now. These guys just got caught.)
I will say that all this only makes me a little more likely to wait to fund projects that are either close to hitting their goal or HAVE hit their goal. Crowd wisdom and all that. Which makes me a little sad. It means you have to have a 'base' before Kickstarter will work (in most circumstances). But until humans change (and I am not holding my breath), you gotta keep your eyes wide open and your hand on your wallet.