Sunday, December 23, 2007

Green Acres Ironing Franchise Fraud in New Zealand

Green Acres Franchise Group with aid of one Area Manager made millions of dollars fraud .
Green Acres has collected millions of dollars as franchise fee and assured guaranteed income to over 200 franchises for Green Acre Ironing Franchise. Now Green Acres came up with a story that this Franchise in unauthorised and no business of ironing was existing. Green Acres Directors and the Area Manager all are involved in this racket. Most of the franchise are financed through Green Acres/FBL Finance and how can they say now that these are unauthorised.

Green Acres have swallowed money worth 4 million dollars from over 200 franchise.
Post your comment

2 comments:

Anonymous said...

this frude involved all top ranks in green acres franchise group.when i requested about the franchise business through the green acres official web site,my request reverted to the area manager(green acres ironing )by the administration.and i proceed accordingly.it is obvious that all directors and managers have pre-planned this frude.now they try to pass the ball elsewhere.don t worry law is to protect the truth.there should be a hole in their master plan.we will find it and charge green acres group.
cheers

Unknown said...

Green Acres management has given shelter to this crime since 12 months. "Ignorance and Failure" in duty has let more than 200 families and average of $4.2 million $21000*200 approx+$550000 in royalty + 840000 in Tax (IRD) + 380000 in Interest earned per annum @8.5% this is much bigger FRAUD than it is shown any where if this fall corect it may be te biggest fraud in the Country Thanks to Green Acres & marry Christmas to the Management and Team as we may not have enough bread to eat for another 3-4 years to repay that amount OppS I misseed the interest that makes 5 year of our savings gone by using GREEN ACRES Brand name.
One more election will come in 5 years and if this ones are freed by saying "We dont know how this happend? We are astonished and shoked "another 10 CON-MAN or Company will come and create another history.

Have a Marry Christmas if you feel this is wright please make more view and ideas which may be a helping hand to the investigating agencies.