SEC warns vs. fraudulent fitness gym investment schemes
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Summary: The Securities and Exchange Commission (SEC) warned the public against the growing number of investment offers related to setting up fitness gyms in the guise of franchise or partnership agreements.
The Securities and Exchange Commission (SEC) warned the public against the growing number of investment offers related to setting up fitness gyms in the guise of franchise or partnership agreements.
“The Commission has received reports that there has been a proliferation of offering and solicitation of investments for the purpose of setting up FITNESS GYMS or for ESTABLISHING NEW FITNESS GYM BRANCHES in the guise of
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