Amid an ongoing revolt among franchise owners, Rapid Realty is facing a new set of charges that its business is a Ponzi scheme designed to enrich company founder Anthony Lolli and his partners at the expense of his franchisees. Lolli, for his part, said the claims were “laughable” and that he looked forward to writing about their dismissal in his next book. Sky Financial Group, a Florida-based lender that Rapid Realty recommended to franchisees seeking […]
source https://therealdeal.com/2018/04/09/rapid-realty-hit-with-racketeering-lawsuit-from-franchisee-lender/
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