If you are seeking franchise consultants to help you find a franchise to “invest” in, this video reveals franchise frauds. Posted by a victim of franchise fraud.
Franchise fraud is defined by the FBI as a pyramid scheme. http://www.fbi.gov/scams-safety/fraud
Franchise fraud victims are targeted by franchise pyramid schemes disguised as veterans franchise business opportunities.
Posted by a franchise churning victim to protect military veterans from Franchise fraud and Franchise churning!
A discount on a scam is still a scam.
Franchise opportunities for veterans may be nothing more than a discount on Franchise scams.
Franchises for veterans may look appealing, but do serious research in the internet.
Franchising for veterans may be churning franchises that use Secret gag orders and secret non-disclosure documents in addition to coercive threats of frivolous lawsuits to keep their scams going.
Franchises enrolled in a veterans franchise program may be a franchise churning operation that uses extensive gag orders, non-disclosure documents, and coercive threats of frivolous lawsuits.
The steps to Franchise Fraud include:
1. Secrecy due to extensive non-disclosures and Gag orders
2. Making sure you are broke before you are coerced into secrecy.
3. Threat of a frivolous lawsuit to coerce you to sign a Franchise Termination agreement
A Franchise Termination Agreement includes
a) A “script” you must tell future franchise fraud victims, to keep the Franchise Fraud a secret.
b) That you volunteer to outrageous terms that are untrue, such as unpaid future royalties (which were never mentioned in your Franchise Agreement).
c) You “volunteer” to transfer the failed franchise, so the franchisor will not have to report it as a failure in the UFOC.
d) The coerced “agreement” lasts forever.
Franchise fraud victims are targeted by franchise pyramid schemes disguised as veterans franchise business opportunities.
Posted by a franchise churning victim to protect military veterans from Franchise fraud and Franchise churning!
http://veteransfranchises.blogspot.com/p/beware-of-franchise-brokers-who-might.html
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