Dozens Caught In Franchise Scam

December 24, 2007 by Mark | 0 Comments

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Dozens of New Zealanders face a bleak Christmas after being caught up in what appears to be a multi-million dollar fraud.

New Zealand’s biggest franchise business, Green Acres, has gone to the police after one of its master franchisees signed up people for ironing work that does not exist.

Emotions overflowed as dozens of bewildered migrants met in downtown Auckland to discover why their dream business opportunity has gone up in smoke.

Many have borrowed money to pay up to $40,000 for a Green Acres ironing franchise that doesn’t legally exist.

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In Franchising Worldwide, News

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