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Australia s franchising industry has been besieged by scandals, slow to change A new Treasury review could be a watershed moment

Australia s franchising industry has been besieged by scandals, slow to change A new Treasury review could be a watershed moment
abc.net.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abc.net.au Daily Mail and Mail on Sunday newspapers.

Shock $23m fine for failed Coast company

  The founder and former managing director of Jump Swim, Ian Michael Campbell, was also ordered by the Court to pay $500,000 in compensation to franchisees, and to pay a penalty of $400,000. Jump Swim offered learn-to-swim school franchises for sale between March 2016 and July 2019. The Federal Court declared, by consent, that Jump Swim falsely represented to 174 franchisees that they would have an operational swim school within 12 months of signing a franchise agreement. Most of those franchisees never received an operational swim school. The court also found Jump Swim accepted payments from 127 franchisees when it knew it was unlikely to be able to provide a franchise within 12 months, or within a reasonable period of time.

Jump swim school ordered to pay $23 million for misleading franchisees

Jump swim school ordered to pay $23 million for misleading franchisees We’re sorry, this service is currently unavailable. Please try again later. Dismiss Save Normal text size Advertisement The Jump swim schools franchise and its founder and director Ian Campbell breached consumer law by engaging in misleading and deceptive conduct against its franchisees, the Federal Court has ruled. In a judgment handed down on Wednesday in proceedings brought by the Australian Competition and Consumer Commission (ACCC) the court ordered Jump Loops and Swim Loops pay $23 million and Mr Campbell pay $400,000 personally. The ruling followed an investigation by The Age and

Jump swim school ordered to pay $23 million for misleading franchisees

Jump swim school ordered to pay $23 million for misleading franchisees
watoday.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from watoday.com.au Daily Mail and Mail on Sunday newspapers.

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