Wednesday 16 May 2012

SHANE RADBONE BECOMES EX-COO AT ANOTHER BIG COMPANY AS PREDICTED. HOW'S HE GOING TO PAY BACK THE MISSING MILLION$$ FROM ALLIED BRANDS???

As predicted, the fraudulent "career" of Shane Radbone is screeching to a collapse with another big-time employer, 7-Eleven Australia, finding out the truth of Shane Radbone.


He's a dud.  A dud executive, as he's proven now at VIP Services (mercifully resigned), Allied Brands Ltd. (ABQ) bankrupt, Wendy's (failed), and EFM Services (collapsed), his self-promotion now is running out of puff.


Still self-promoting, he's still telling the public he's the COO of 7-Eleven, although they figured out quick enough he's worthless as an executive, worthless as a husband and provider, worthless as a father, worthless at bugger all.  As an ex-athlete, he's barely qualified to be a "greeter" at a footy club's pokie room.  


With legal bills soon to begin mounting as ASIC and Department of Migration investigations become referrals to the prosecutors, Baskin Robbins franchisees want to know where the million dollars of missing money is from Allied Brands?  The million loaned by the company to Shane Radbone and Victoria Elise Radbone, his wife, in a misguided attempt to fatten their shareholdings in this dud company.


Where's the money Shane & Victoria???


Shane Radbone.  Another wreck from the Allied Brands Ltd. collapse.  Soon to be jailed for his despicable actions.

Monday 20 February 2012

SCAN/SEEK BUSINESS BROKERS NOW MARKETING OVERPRICED HEAL GROUP BASKIN-ROBBINS SHOPS LOOKING FOR IGNORANT SUCKERS

Heal Group Pty. Ltd., a company owned by dodgy basketballer Shane Heal, is apparently caught up in Shane Heal's bankruptcy.  While Heal Group has so far avoided bankruptcy, the intertwining of assets is now starting to affect this company.


Heal Group is now marketing their two Baskin Robbins shops in the Brisbane area at grossly inflated prices compared to new shops.


As usual, the ads on Seek/Scan Commercial are packed with lies designed to mislead a potential purchaser.  The most egregious is "the store has a modern fit-out incorporating all new logos and current branding".  A look at any of the new shops built since the Allied Brands Ltd. (ABQ) collapse show this to be not the case.  And the Morayfield shop is priced at some 30% more than a new shop!


Reports of the Heal bankruptcy list all the franchises that have been taken back from him - including a number of Noodle Box shops.  


The Heal Group is not fair dinkum.  Buyer beware, do your own due-diligence.  



Thursday 16 February 2012

ACCC FILES CHARGES IN KLEENMAID FRANCHISE FRAUD, ALLIED BRANDS DIRECTORS NEXT UP FOR PROSECUTION

While the ACCC is known for turtle-like enforcement actions, criminal charges have finally been lodged against Kleenmaid directors in a case very similar to the Allied Brands collapse.


Many of the same government lawyers are known to be working on both of these cases.  With the charges now laid in the Kleenmaid fraud, the finalisation of the Allied case is said to be front and centre.


Several similarities exist between the Kleenmaid collapse and Allied Brands (ABQ).  Banks were defrauded in both cases.  Both companies were trading while insolvent.  In both, directors were neck deep in directing the company actions.  And in both companies large amounts of company money and assets went "missing".  At Allied Brands, former CEO Shane Radbone extended himself (and his wife, Victoria Radbone) a loan of almost $1,000,000 that has gone unpaid after the collapse.  And in both cases franchisees were forced to operate at a loss due to lack of product and company support.


At least one of the former directors is hiding in Fiji, and another, Korda Mentha director Lachlan McIntosh continues to "hide" from the public due to his Chairmanship of this collapsed public company.


Investigations into these frauds are also said to be coordinated with actions likely against Shane Radbone, Anthony "Tony" Cavanagh, and at least one of the Grahams for migration fraud in the sale of 457 visas to Koreans and Indians.


Gold Coast gaol is going to be full with these criminals quite soon.



Friday 23 December 2011

SCAMMER HEAL GROUP NOW LATEST BANKRUPTCY IN ALLIED BRANDS DEBACLE

Shane Heal & Allied Brands Ltd.  On paper, a marriage made in heaven.  ABQ, a company run by scammers, washed-up sporties, and shameless self-promoters - meets a washed-up basketballer and shameless self-promoter.  At the Gold Coast, this is a recipe for scammer success, as Grahams have gotten away for years.


It's no surprise that Shane Heal's company Heal Group has now been the latest scammer company bankruptcy in this continuing saga.  


Many opined that Shane Heal and his partner Jimmy Williams were out-manueovered by the seasoned scammers at Allied Brands when they were sold a "master developer" agreement at the same time ABQ was already in their death spiral.  This scammer group was then run by another failed sportster, Shane Radbone.  Heal paid big to get in on the last days of what a blind man could see was the end of Allied.  Too stupid to do even minimal due-diligence, Heal has proven to be too stupid for words.  


This blog has repeatedly warned new investors off Allied Brands and the Heal Group, most recently just two months ago.  With the internet now finally "levelling the information playing field", scammers like Heal Group, Allied Brands, and their managers are finding it difficult to find new battler victims to pump money into their worthless, crooked schemes.


With Heal's basketball broadcasting career failed as a media laughingstock, his basketball coaching attempts a sad joke, and now his failed attempt at ice cream and hamburger vendor, we all look forward to hearing Heal's next words:  "Do you want fries with that?"


UPDATE:  bloggers receiving email threats are protected by Australian law - you can't defame a company.  Heal Group and their affiliated companies have filed for bankruptcy, hiding behind Allied Brands in their press release.  That's tells you all you need to know about this COMPANY, and perhaps about the owners as well.  Like all blogs we encourage readers to send in corrections and comments should we have some facts from other media in error.  

Wednesday 30 November 2011

ROGUE LIQUIDATOR KORDA MENTHA QUESTIONED ABOUT SHADY DEALINGS AT ALLIED BRANDS, ANSETT

Liquidators KordaMentha are under new scrutiny as they claim to have closed out the Ansett Airlines liquidation.  KordaMentha, paid tens of millions in this action, have refused to produce eight years of accounts from the Ansett Group to ASIC or the courts.


KordaMentha have a long history at withholding financial information from the public record, and ASIC and the government have been powerless to get compliance with the law by this firm.  


"It's all a farce" claim reviewers of the liquidation.


KordaMentha is the secret home to Lachlan McIntosh, the Chairman of Allied Brands Ltd. (ABQ) as the company stole from migrants, falsified records to the Department of Migration, ripped off franchisees, and defrauded their suppliers.  McIntosh is said to be a "business recovery specialist - he sure made quick work of ABQ, from a company in distress under the Peter & Trent Graham family, to bankruptcy in short order.  


McIntosh has had his bio "hidden" on the KordaMentha website due to his participation in this farce.  This has enabled this blog, and other reports of McIntosh's dodgy reputation, to be easily found by anybody thinking about retaining the services of this dodgy liquidator.

Sunday 27 November 2011

BASKIN ROBBINS AUSTRALIA SUFFERS AS DUNKIN BRANDS BEGINS MANAGEMENT IMPLOSION

LOOKING DAPPER IN HIS NEW SILK SUIT, HE'S
SILL GOT ALMOST $5M IN CASH LEFT
The future of the "rescued" Baskin Robbins franchisees in Australia looks to be in jeopardy as Dunkin Brands, now a public company, (DNKN), looks to be shedding Baskin Robbins and other management under Nigel Travis's watch.


Insiders indicate that many of the senior executives who've now left in disgust were among a large group of senior executives denied their own "free shares" from the float.  These rumoured executives include Srini Kumar, with Baskin Robbins some 20 years and the shock sacking of Neil Yanofsky who was in place only four months before getting the sack.  Both of these executives had Australia as one of their key tasks.  Neither was granted stock bonuses by Travis, which apparently led to their departures.


Of the most concern has been the "run for the door" as executives, given stock options that apparently had no "quiet" period, have universally begun to "cash out" of Dunkin Brands.  This includes Travis, who's given himself a nice $5,000,000 pile of cash for Chrissy, as well as Chairman and known franchisee abuser Jon Luther who pulled his $10,000,000 share out of the newly-public firm!  Luther is now running Arby's, a marginal US fast-food chain.  There hasn't been one management "buy" of DNKN since the float.  Guess these insiders know what the likely direction of the shares and company is going.  DOWN.




And the results of this management inattention and consumer overpricing (which has mostly taken down competitor Cold Stone), is evident in the stock analyst reports now.  And many consider Dunkin to be on a long slide to collapse, with Baskin Robbins leading the way.


None of this bodes well for the poor franchisees in Australia, or elsewhere.  



Thursday 27 October 2011

BLACK HAND TONY CAVANAGH BOUNCED FROM TIMEZONE AS PREDICTED, NOW WREAKING HAVOC AT EAGLE BOYS

TONY CAVANAGH, AT A RECENT
EAGLE BOYS CONFERENCE
One of the key architects of the Allied Brands Ltd. (ABQ) and Baskin Robbins Australia collapse was general manager and COO Tony Cavanagh.  Cavanagh, previously responsible for collapse of business at Wendys, fast talked his way into a management position at game franchise Timezone.  After the offshore owners of Timezone got a whiff of the putrid stench coming off this guy, his sorry arse disappeared. Cavanagh even removed this employment  from his LinkedIn CV.


Cavanagh has now slimed his way into the mismanaged Eagle Boys Pizza franchise.  Eagle Boys has sharply declined in the market after megalomaniac Tom Potter was pushed out, and huge numbers of Eagle Boys franchisees have their shops up for sale.


His first task at Eagle Boys is to order a major refurbishment at the chain.  When this was done at Allied Brands, architects, shopfitters and others in the process reported that "kickbacks" to ABQ were required to work on these projects.  This had the result of inflating the cost of these improvements from 40%-60% or more!  Cavanagh would tolerate no deviance from the selected contractors.  This is reportedly the process now underway at Eagle Boys.  Are kickbacks being paid there too?


Cavanagh is also again in daily intimate contact with failed marketing staff Chanah Mulawa and Michelle Elgindi.  Hope Eagle Boys have notified their HR solicitors!  Likewise the 457 Visa Scam was conducted under Cavanagh's watch.  


All of this great news for Pizza Hut, Domino's, and Pizza Haven.