In July 2017, a financial dispute with an advertising firm forced Snopes to seek crowd-sourced funding. They raised $500,000 on their first day. Also, it has been alleged that Mikkelson has been embezzling company funds to spend on personal expenses and [[prostitute]]s. <ref>[https://www.dailymail.co.uk/news/article-4730092/Snopes-brink-founder-accused-fraud-lying.html 'Fact checking' website Snopes on verge of collapse after founder is accused of fraud, DailyMail, July 26, 2017]</ref> | In July 2017, a financial dispute with an advertising firm forced Snopes to seek crowd-sourced funding. They raised $500,000 on their first day. Also, it has been alleged that Mikkelson has been embezzling company funds to spend on personal expenses and [[prostitute]]s. <ref>[https://www.dailymail.co.uk/news/article-4730092/Snopes-brink-founder-accused-fraud-lying.html 'Fact checking' website Snopes on verge of collapse after founder is accused of fraud, DailyMail, July 26, 2017]</ref> |