Boroian Free at Last
The legendary franchise business consultant of 30-plus years surrendered to the Duluth Federal Prison Camp in Minnesota on July 27, 2006. Boroian's guilty plea was for failing to report $388,752 in income from his company in 1998, and for failing to report $108,850 in taxes. He also admitted he did not pay an additional $875,337 during a four-year period.
Many in the franchise community felt it would be the demise of his world-renowned Chicago-based company, but the icon of franchising proved them wrong. Although many senior and mid-level members left the firm either by choice or by Boroian's directive, he has managed to accelerate his Francorp business with a larger staff of young, less experienced employees, according to inside sources.
Boroian’s projected release date from prison had been June 9, 2007, but in spite of being placed in solitary confinement for conducting business in prison, a federal violation, he was released early to a halfway house.
In last week's motion for early termination, he stated that the court had waived any fine, did not order any restitution, and imposed an assessment of $100, which he promptly paid. It also stated that he completed his imprisonment and was placed on supervisory release on July 9, 2007, that he has abided by all the conditions of that release, and has completed over half of its term.
On his behalf, his probation officer stated that he did not object to Boroian's request for early termination.
Related articles:
- Prison Proves To Be Small Deterrent for Boroian
- Prison Investigating Francorp's CEO Boroian
- Boroian Sent to Solitary Confinement
- Boroian’s Release Date Pushed Back
- Boroian Purchased Condo Prior to Imprisonment
- Boroian Toys with Government
- Boroian Released from Duluth Federal Prison Camp
- Boroian Speaks Out on IRS Woes, Moving Forward
| Attachment | Size |
|---|---|
| Boroian Motion for Release.pdf | 174.3 KB |
| Court Decision.pdf | 4.95 KB |
- Franchise topic:

never hearing from you gain. Go in peace, and don't let the door hit you in the ass on the way out--
Richard Solomon, FranchiseRemedies.com, has over 45 years experience with franchise litigation and crisis management. He is a graduate of The Citadel and The University of Michigan Law School
Richard Solomon, FranchiseRemedies.com, has over 45 years experience with franchise litigation and crisis management. He is a graduate of The Citadel and The University of Michigan Law School
A guest writes, "this obscure, and frankly depressing, website"
Michael Webster had asked me to write an article on our traffic rankings several days back. I'm reluctant. But given this posting, I think I will at least write a comment. The Alexa.com graph below compares our traffic and rank to other news sites like Franchise.org, Franchise Times and Franchise-Update. The lower the number the higher the rank. For example, Yahoo! is ranked #1 of all sites. Google #2. Yesterday, Blue MauMau was ranked #74,915 of all sites. That's followed by the IFA's franchise.org site.
At any rate if readers are curious in exploring this geeky online publishing stuff, they can see more details on Alexa.com. It ranks this site as one of the highest and most visited franchise related sites.
I also find Trafficestimate.com useful in comparing visitors to competing sites for the past 30 days. Here's what it says.
Michael Webster PhD LLB
Franchise News
Michael Webster, a franchisee attorney in Toronto, Ontario, publishes a website on business opportunities and franchises called "The BizOp News"
BMM has a long way to go to be relevant force in franchising. But if it does promote due diligence in prospective franchisee investment selections then it will be good for franchisors that have worthwhile concepts.
The Truth Shall Set You Free!
TIF
The Truth Shall Set You Free!
TIF
Congratulations and good for you that BMM helped you with your franchisor!
What changed for your system that you can attribute to BMM?
The Truth Shall Set You Free!
TIF
The Truth Shall Set You Free!
TIF
Guest writes: "Instead of bashing everything in the franchise community it would probably be smarter to promote the industry."
Uh, you want us to be shills?
No - shilling is going down. Just ask franchise gator - who spend a lot of money with adwords advertising their shill site.
BMM spend nothing in adwords.
We have succeeded in maintaining influence. Franchise gator has not.
But BMM is not about shilling for the franchisor community - it is about spreading the light where there was only darkness before.
Michael Webster PhD LLB
Franchise News
Michael Webster, a franchisee attorney in Toronto, Ontario, publishes a website on business opportunities and franchises called "The BizOp News"
What's the matter, Guest, is little Mrs. Sparks eating your lunch?
Janet says it straight and out loud. She's tenacious, she has guts, she knows where the skeletons are, and she's loyal to the truth. On the other hand, it appears that transparency is not 'your' long suit.
To give you the ultimate pass would be to say that Columbo had his own investigative style, but that would be way too much in your favor so I won’t take that road.
Nick Bibby is an international franchise consultant and a program developer dedicated to excellence in entrepreneurship.
Nick Bibby founded BibbyGroup.com, an organization dedicated to franchise and entrepreneurial excellence.
He does maintain civil relations with the media, even when he disagrees with them.
Rumor has it he is the boss from hell, but then given my temper I shouldn't throw stones.
Paul Steinberg
Franchisee Attorney, New York City, Ph: 212-529-5400
Paul Steinberg, Franchisee Attorney, New York City, Ph: 212-529-5400
I am no fan of Borian, however Sparks has never been a serious force in the world of franchising. She lacks insight and her reports are lame.
Franchise Times should really consider finding a more qualified individual to write her column.
The Truth Shall Set You Free!
TIF
The Truth Shall Set You Free!
TIF
It would be a dark day for franchisees when Janet no longer investigates franchise news. There would largely be franchisor fluff left.
We'd have a cover page of a franchisor CEO talking to a cartoon with no mention of major problems and litigation of that franchisor by its founders and franchisee.
We'd get articles where we match sandwiches with their chain. Prose about what a wonderful industry this is. There might be another article on how paying money to Internet ad sites that provide buyer leads to franchisors is like kissing frogs. And a Jonathan Maze piece on how the underdog Dale Nabors had a great opportunity to take over the Cuppy's chain.
And such news stories would be the best we'd get to inform investment decisions.
For years, Sparks was the only balance to the zor-side pablum. Her column, Zeidman's legal insights, and the finance columns (was that Monroe?) were the reasons I paid for FT.
But hey, maybe you liked the puff pieces on "Legal Eagles" or the G-rated pics of female attorneys in couture or the "franchisors and their dogs" stuff... different strokes for different folks.
The addition of Jonathan Maze is a good sign that FT is trying to remain relevant in an internet age, but it may be too little too late.
As to finding a "qualified individual to write her column"... I'm sure that Nancy would love to have you email her your submission.
I disagree with Janet (a lot!) and I do think that she can be way too sympathetic to people who are not entirely without fault. But overall, she does a lot of coverage in a field that needs coverage.
Paul Steinberg
Franchisee Attorney, New York City, Ph: 212-529-5400
Paul Steinberg, Franchisee Attorney, New York City, Ph: 212-529-5400
Bororian is giving a seminar in Naples tomorrow.
Regardless of what you think of Bororian (and he has done some good things for zees), this is newsworthy.
Would you call Phil Zeidman ready for the nursing home? Or Michael Garner? They are of Ms. Sparks' era, and they are at the top of their game.
(They tried to send Solomon to the nursing home, but during the background check interviews Fuwa said Solomon deviated from the mainstream, and so Solomon was exiled to a corner of the ranch his friend George owns in Crawford TX.)
Paul Steinberg
Franchisee Attorney, New York City, Ph: 212-529-5400
Paul Steinberg, Franchisee Attorney, New York City, Ph: 212-529-5400
Does she have any YouTube or MySpace pics?--
Richard Solomon, FranchiseRemedies.com, has over 45 years experience with franchise litigation and crisis management. He is a graduate of The Citadel and The University of Michigan Law School
Richard Solomon, FranchiseRemedies.com, has over 45 years experience with franchise litigation and crisis management. He is a graduate of The Citadel and The University of Michigan Law School
Don't forget to call my cell 832 721 1891 to let me know where y'all are at so we can meet up next Friday.--
Richard Solomon, FranchiseRemedies.com, has over 45 years experience with franchise litigation and crisis management. He is a graduate of The Citadel and The University of Michigan Law School
Richard Solomon, FranchiseRemedies.com, has over 45 years experience with franchise litigation and crisis management. He is a graduate of The Citadel and The University of Michigan Law School
Congrats, Super B. Glad to have you back at full strength!
Hey, Morg and I were gonna swing down and heckle Roy this weekend. You up for it?
See you on the veranda!
Millionaire Richard Quick, Esq.
FranWorst.com
Boys: don't lay the indignation on too thick or it won't seem believable. After all, this IS franchising. Who doesn't stash a few hundred grand aside in the course of a year?
Deceive & succeed, aye?
Millionaire Richard Quick, Esq.
Website: FranWorst.comNo prospective franchisor is safe!
Michael Webster PhD LLB
Franchise News
Michael Webster, a franchisee attorney in Toronto, Ontario, publishes a website on business opportunities and franchises called "The BizOp News"
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