Franchise Fraud

Franchise fraud occurs when a franchise owner is misled or deceived about the business opportunity they are investing in. This can happen through false claims about profits, misleading information about the franchise's success, or undisclosed fees and costs. Franchisors may exaggerate potential earnings or minimize risks, leading invested individuals to lose money. It's crucial for prospective franchisees to conduct thorough research, read contracts carefully, and consult with professionals to avoid scams and make informed decisions. Being vigilant helps ensure that what is presented matches the reality of the franchise opportunity.