Wow, I'm surprised they allow me to sign up and make an investment without verifying that I'm an accredited investor. I simply checked one box, and full access was granted. Screenshots: http://pix.am/ui9z/ and http://pix.am/cdQU/.
I realize that following through on the investment would undoubtedly get me into legal trouble, but you'd think they would prevent this from happening.
As an investor, you aren't susceptible to anything - the company that takes your money bears risk of lawsuit. In this case, given how it's structured, fundersclub would be at risk.
I'm not a lawyer, but I bet you signed away most of your protections by lying in the signup form.
Those protections are for you, the smalltime investor, not for the company.
If you later decide to sue the company or FoundersClub because you're unhappy with how the company used your money, they could reduce their liability by pointing to the fact that you misrepresented yourself during registration.
Did you actually wire the money? After entering your bank account details, you have to manually e-sign a bunch of documents, including providing all your tax ids, and signing that you are accredited.
I realize that following through on the investment would undoubtedly get me into legal trouble, but you'd think they would prevent this from happening.