Some articles on franchise fraud, franchise, frauds, franchises:
... Franchise fraud (or 'franchise churning') is defined by the U.S ... The FBI website states pyramid schemes —also referred to as franchise fraud or chain referral schemes—are marketing and investment frauds in which an individual is offered a distributorship or ... Emphasis on selling franchises rather than the product eventually leads to a point where the supply of potential investors is exhausted and the pyramid collapses ...
... information about the franchisor and the franchise organization which is intended to give the potential franchisee enough information to make educated decisions about their investments ... pertaining to the performance of the franchise, itself, that is being offered for sale ... FDDs even though the performance of the franchise in terms of unit "earnings" are material facts that should be disclosed to new buyers by the seller of the franchise ...
Famous quotes containing the words fraud and/or franchise:
“He saw, he wishd, and to the prize aspird.
Resolvd to win, he meditates the way,
By force to ravish, or by fraud betray;
For when success a lovers toil attends,
Few ask, if fraud or force attaind his ends.”
—Alexander Pope (16881744)
“To-day women constitute the only class of sane people excluded from the franchise ...”
—Mary Putnam Jacobi (18421906)