It really is hard to believe that there are some ICOs who are intended to scam people. There are all hypocrits and rely on the weakness of people especially those who are new to bitcoin. So sad.
How is that hard to believe? This is a largely unregulated space where anonymity is easy and people can get away with stuff. Of course fraud is going to run rampant. That's why you have to do extra due diligence
Its been there since the start of time, Scammers will do everything on their power to scam people who looks like prey to them and it pretty much affected the current ICO industry. The unregulated space of the cryptocurrency and no commission who govern it makes it pretty easy for those scammer to do whatever they want.