A FORMER Michel’s Patisserie franchisee was forced to raid his children’s bank accounts to pay off debts after the collapse of his business.
Melbourne man Robert Verni told of how his entire family was “financially ruined” by Retail Food Group, the country’s largest franchise operator which owns brands including Michel’s Patisserie, Gloria Jean’s and Donut King.
Full story here:
http://www.news.com.au/finance/small-business/bankrupt-michels-patisserie-franchisee-forced-to-raid-kids-bank-accounts-to-pay-off-350000-debt/news-story/ae3d857151cd7808f01ed85cd9cc7deb
Why not join our Facebook group? Global Financial Crisis - Part 2.
https://www.facebook.com/groups/125484891548045/
We are a small, yet growing group that share articles from all over the globe about the Global Financial Crisis that is heading our way (again!).