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by c0restraint
2322 days ago
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> Dozens of franchisees lost their life savings. Others reportedly filed for bankruptcy. The company’s new CEO, Michel Buchbut, admitted mistakes but defended the company to Restaurant Business, saying, “I cannot call it a Ponzi … It was not exactly a Ponzi.” Not exactly, huh? I’m going to be very interested to read the report when the FTC completes their investigation (assuming they follow Senator Feinstein’s request) |
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