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  • My Fraud Story Continued: Litigation as a Component of Franchise Fraud

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    CONTEXT: I signed a franchise contract, realized I’d been defrauded and witnessed the franchisor’s participation in a major privacy crime… all in one month. All that action is in early…

  • My Story of Franchise Fraud and Indentured Servitude

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    I loved seeing franchisees tell the FTC that franchising is like indentured servitude in their comments about the Franchise Rule. I told the FTC that once, too…. a couple years…

  • My Own Franchise Story

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    I really enjoy writing. And my story of franchise fraud is fairly fascinating. I wrote it up for my recent 29-page submission to the FTC in response to their request…

  • SBA Chief Franchise Counsel Helps Franchisors

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    In October of 2014, Stephen J. Olear, Chief Franchise Counsel for the United States Small Business Administration, presented a paper at the American Bar Association’s 37th Forum on Franchising. The…

  • Franchisees Need a Private Right of Action

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    The FTC doesn’t enforce the Franchise Rule itself. And the FTC has resisted allowing for private enforcement of the Franchise Rule. According to the then president of the American Franchisee…

  • SBA Harms Veterans by Bailing out the Banks

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    Employers are not hiring veterans. According to military.com, employers are concerned about veteran skills translation, skill mismatch, future deployments and veteran acclimation. Many also hold negative stereotypes, believing veterans are…

  • Franchise Fraud and Churn

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    To really understand franchise fraud, you must understand “churn.” Churn, or disorderly attrition, is defined as (transfers + terminations + non-renewals + ceased operations) / the number of franchise units…

  • Court Records and Franchise Fraud Evidence

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    Evidence of franchise fraud can be found in court records. Thousands upon thousands upon thousands of public court records document the issues I am discussing on this blog. Court records…

  • The SBA Predicted the Current Franchise Loan Fraud Crisis in 2002

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    0n September 16, 2002, the SBA Office of the Inspector General (OIG) submitted a report entitled “The SBA’s Experience with Defaulted Franchise Loans.” At the bottom of page 1 and…

  • SBA Now Faults Lenders and May Not Pay Franchise Loan Guarantees in the Future

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    On August 15, 2018, the SBA Office of the Inspector General drew a conclusion that could damn the franchise industry. That conclusion reads: The conclusion comes at the end of…

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