True, many are taking the opportunity to rip off people and peace it with their money.

You need to do your research before investing in one. I have been looking at this Darico ICO on their website: https://darico.io/en/ . I really feel like it is an amazing project, so I asked a couple of friends and it turns out that some of them have already invested in it and it turns out to be legit. So if you are looking for an ICO currently running check them out.