It is more than annoying and even more painful after you must've invested thinking it was the right and perfect project. However, I think these facts or criteria is to be done, checked or analysed first before ever thinking of investing. The second to the last (questioning the team) should be done over and over again to know how experienced they are and if they have the pre-requisites to launch and manage a project; and the good side of it is, it showcases the true colour of the team be it good or bad. I believe if some of these are taken into account first it will help the investor make good decisions. Lastly, all these being done by a project shows it is likely to be a scam project.