Green Acres fraud case still a year away
The case of the Green Acres master franchisee who is accused of selling fake franchises to around 200 immigrants is not likely to be heard for at least 12 months. Franchise New Zealand has been told that the SFO has some 90,000 documents to go through in preparing the case.
The alleged fraud was a significant factor in the Government's review of the possible need for regulation of the franchise sector last year.The Commerce Minister announced in June 2009 that there was no perceived need for franchise regulation at this time. The topic has also been debated at a University of Auckland Business School symposium.
Article by Simon Lord
last updated 23/07/2009
Article by Simon Lord
last updated 23/07/2009
Featured Listings
V.I.P. Home Services
Professional home services franchise providing flexible, multi-serviced businesses for 43+ years. Either Lawns and Gardening, or Cleaning. Exclusive...
Black & White Coffee Cartel
Join the third wave of coffee today. Exciting opportunities to join NZ's rapidly growing first micro-roasting coffee company franchise. Offering turnkey...
Speed Queen Laundry Systems
Enjoy semi‑passive income with your own Speed Queen self‑serve laundromat. With our expert support you’ll be operating a profitable business in no time,...
Katsubi
Your chance to be a part of one of the most successful New Zealand local hospitality franchises. With more than 20 years of experience in the food chain...
Paramount Services
A Paramount Services franchise is a safe and affordable way to own your own business. When you become a franchisee we will provide you with enough...
