Search the site
each for the businesses which would supposedly guarantee them incomes of between $650 to $1100 per week.
Some of them have formed a group called Franchise Watch and are planning a legal assault against
http://infofranpro.wikidot.com/20080122-lapham-agrees
by the United States taxpayers through the SBA guaranteed loan program.”
http://franchiselawblog.net
December 8, 2011
Franchisees Sue Matco Tools and TD Bank Alleging Loan Fraud Scheme
Shane D. Gosdis
I am
http://infofranpro.wikidot.com/20111208-franchisees-sue
paid a $4000 deposit to Keith Lapham for a contract that guaranteed income of a $1000 a week, but she never received any ironing work.
"If I can't continue my business, what is the two year
http://infofranpro.wikidot.com/20080103-scam-victims
of his disappearance around December 20, was "robbing Peter to pay Paul".
Operators were demanding between $650 and $1100 weekly - amounts which were contractually agreed as guaranteed income
http://infofranpro.wikidot.com/20080117-5m-ironing
income guarantees and rent subsidies to the franchisees, and Kleins, the franchisor, was the tenant in all the stores.
"Once the owner was in trouble, the franchisees were tied to the destiny
http://infofranpro.wikidot.com/20080613-kleins-chain
into landing an SBA loan – which are guaranteed up to 90 percent by the Federal Deposit Insurance Corporation (FDIC) – without the opportunity to review documents supplied by Marco to TD Bank. These documents
http://infofranpro.wikidot.com/20120120-the-villanos
…devised a scheme to secretly make income projections to TD and other SBA lenders that would only be disclosed to the SBA lender,” in order to satisfy the bank’s lending criteria, the suit
http://infofranpro.wikidot.com/20111115-td-bank
He said the claimants each contributed $1000 in legal fees to take on Green Acres. The claims of between $88,000 and $398,000 are for training, guaranteed income for the term of the franchises
http://infofranpro.wikidot.com/20100426-green-acres
company Green Power.
The Herald has spoken to six Chinese immigrants who each paid $20,000 or more to Green Power for their franchises, which guaranteed a weekly income of $1000.
However, they say the only
http://infofranpro.wikidot.com/20080226-migrants-cry
Lapham used ethnic newspapers such as the Mandarin Pages and Chinese Times to advertise the sale of his ironing franchises, claiming buyers could decide on their own guaranteed income
http://infofranpro.wikidot.com/20080110-cheated-franchisee
