Benjamin Netanyahu

The Franchise Times reported that they sold at least 1,550 franchises and collected at least $57.7 million in just initial franchise fees from 2015 to 2019. But they had only opened 130 out of 1,550 locations by 2018.

To make it even worse, they were advertising to veterans and then extracting all of their credit, all their future time and earning potential, only to leave these veterans broke and destitute on empty promises. Berger was pitching this as a business in just the way that I described earlier, a business in a box.

To make it even worse, they were advertising to veterans and then extracting all of their credit, all their future time and earning potential, only to leave these veterans broke and destitute on empty promises. Berger was pitching this as a business in just the way that I described earlier, a business in a box.

To make it even worse, they were advertising to veterans and then extracting all of their credit, all their future time and earning potential, only to leave these veterans broke and destitute on empty promises. Berger was pitching this as a business in just the way that I described earlier, a business in a box.

And the company was targeting veterans with discount programs to lure them into the business. It sounds kind of insane and even unbelievable, but actually it's a lot more common of an occurrence than you might realize.

And the company was targeting veterans with discount programs to lure them into the business. It sounds kind of insane and even unbelievable, but actually it's a lot more common of an occurrence than you might realize.

And the company was targeting veterans with discount programs to lure them into the business. It sounds kind of insane and even unbelievable, but actually it's a lot more common of an occurrence than you might realize.

In 2023, Lena Kahn, die Chair of the Federal Trade Commission, which is the government body that oversees all this stuff, she posted a request for comment from franchisees so business owners could share their concerns and grievances about the industry at large. Her inbox was flooded with comments from franchise owners who had experienced these same predatory practices and lost everything.

In 2023, Lena Kahn, die Chair of the Federal Trade Commission, which is the government body that oversees all this stuff, she posted a request for comment from franchisees so business owners could share their concerns and grievances about the industry at large. Her inbox was flooded with comments from franchise owners who had experienced these same predatory practices and lost everything.

In 2023, Lena Kahn, die Chair of the Federal Trade Commission, which is the government body that oversees all this stuff, she posted a request for comment from franchisees so business owners could share their concerns and grievances about the industry at large. Her inbox was flooded with comments from franchise owners who had experienced these same predatory practices and lost everything.

She later published a document summarizing the findings of her investigation and it had paragraphs like this in it. Quote, Quote, Quote, Dickies will tell franchisees the cost will be $400,000 and it will cost sometimes double that, but you don't know until you are already heavily invested.

She later published a document summarizing the findings of her investigation and it had paragraphs like this in it. Quote, Quote, Quote, Dickies will tell franchisees the cost will be $400,000 and it will cost sometimes double that, but you don't know until you are already heavily invested.

She later published a document summarizing the findings of her investigation and it had paragraphs like this in it. Quote, Quote, Quote, Dickies will tell franchisees the cost will be $400,000 and it will cost sometimes double that, but you don't know until you are already heavily invested.

Then the owner would default on their SBA loan and the next buyer comes in and pays half, but then they will default until the restaurant is sold for about 10% of the original cost to build. Noten Sie, wie sie sagten, dass der Verkäufer auf seinen SBA-Lohn abwarten wird. Wir werden zurückkommen zu dem, weil private Rechnung herausgefunden hat, wie die Regierung diesen Fraud zurückzutragen.

Then the owner would default on their SBA loan and the next buyer comes in and pays half, but then they will default until the restaurant is sold for about 10% of the original cost to build. Noten Sie, wie sie sagten, dass der Verkäufer auf seinen SBA-Lohn abwarten wird. Wir werden zurückkommen zu dem, weil private Rechnung herausgefunden hat, wie die Regierung diesen Fraud zurückzutragen.

Then the owner would default on their SBA loan and the next buyer comes in and pays half, but then they will default until the restaurant is sold for about 10% of the original cost to build. Noten Sie, wie sie sagten, dass der Verkäufer auf seinen SBA-Lohn abwarten wird. Wir werden zurückkommen zu dem, weil private Rechnung herausgefunden hat, wie die Regierung diesen Fraud zurückzutragen.

Und jetzt, wenn diese Franchisee verkauft und bezahlbar sind, weil das Geschäft, das sie versprochen haben, alles ein Lüge war, der Regierung eigentlich die schlechten Löhne zahlt und die private Rechnung-Firma wächst rich.

Und jetzt, wenn diese Franchisee verkauft und bezahlbar sind, weil das Geschäft, das sie versprochen haben, alles ein Lüge war, der Regierung eigentlich die schlechten Löhne zahlt und die private Rechnung-Firma wächst rich.

Und jetzt, wenn diese Franchisee verkauft und bezahlbar sind, weil das Geschäft, das sie versprochen haben, alles ein Lüge war, der Regierung eigentlich die schlechten Löhne zahlt und die private Rechnung-Firma wächst rich.

Some of these private equity firms are actually setting up webs of shell companies and doing what's called the Texas Two-Step to hide their assets in tax shelter LLCs while bankrupting out of their failed business before anyone they stole from has a chance to sue for damages. We'll get back to that in a minute because it's super messed up.