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Risks: Blame the franchisee, Business model had never created adequate investor returns, False earnings claims, Forgery, Fraud, Ineffective
http://www.wikidfranchise.org/20071024-fraud-charges
facilitating franchise deals while doing little to police them. Between 2000 and 2006, the Small Business Administration granted Coffee Beanery franchisees more than $7 million in loans. Quiznos
http://www.wikidfranchise.org/20090301-franchise-fraud
franchise fraud
Andrew Koubaridis
Keith Lapham. Photo / Supplied
A former Green Acres contractor accused of a franchise scam worth almost $4 million will stand trial on three fraud charges.
Keith Lapham
http://www.wikidfranchise.org/20100413-trial-for
The franchise business, once viewed as lucrative, is in trouble, with many franchisees close to bankruptcy. Thirty franchisees are concerned they would go bust as franchisors obtain government
http://www.wikidfranchise.org/200900909-franchise-business
affiliated with. They could not be reached for comment.
A BDC spokesman said the massive fraud was discovered in early 2009.
“The subsequent investigation undertaken by BDC revealed that (Kirchner) had
http://www.wikidfranchise.org/20101126-16m-fraud
of franchise agreement. The representations about the wonderful support that you can expect to receive as a franchisee are always overstatements. ‘You are in business for yourself, but not by yourself
http://www.wikidfranchise.org/20090708-franchising-a1
: “This was a deliberate scheme, as I have found, to bilk the public.”
The Globe and Mail
November 15, 1993
130 franchise frauds net two-year sentence
Only $7,500 in restitution made
Thomas Charidge
TORONTO
http://www.wikidfranchise.org/19931115-130-franchise
Vets find barbecue franchises suit their tastes
Lee Graves
Ed Totanes and Mark Petersen (inset) both participated in the Veterans Transition Franchise Initiative.
Mark Petersen grew up in eastern
http://www.wikidfranchise.org/20090928-vets-find
was to align interests, recalculate the business model and remove nettlesome issues that for years had strained relations between franchiser and franchisee. For dealers, it also represented an opportunity
http://www.wikidfranchise.org/20070222-culligan-franchise
, will enable small businesses to grow further - which can only be beneficial to the overall South Australian economy.”
The Minister says the legislation will be based on the successful Victorian model
http://www.wikidfranchise.org/20101001-small-business
