The Gaming Den

In the first case of its kind, the Federal Trade Commission has taken legal action against a Kickstarter creator who deceived his backers.

Finally.

I can think of a few others they should go after.

Smeelbo
Abuser of BBCodes

What's next, ban on pre-orders? Global Warming turns out to be bunk? Rapture?

Well, Erik Chevalier's misappropriation of the kickstarter money approaches, and probably is, actual criminal fraud.

I see no way that you could argue that it isn't. Chevalier accepted the money, then promised to either produce and distribute the backer rewards, or to give a full refund. He did neither of those things and instead spent all the money on himself.