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When a former employee reporting several instances of sexual assault by two managers, Harvey Norman refused to respond, stating they are a franchised company. Their advice was to contact the perpetrators for a resolution.
Harvey Norman gets employees (usually a salesperson) to set an ABN. Harvey Norman sells the right to operate under their name for $1 (some reports claim $2). Harvey Norman claims the holder of that ABN is operating an “independent business.” The key thing to remember is that in most cases, the “independent business owner“ doesn't own any of the assets required to operate a stand alone business. All assets and liabilities are controlled by Harvey Norman directly.
Not a single Harvey Norman investor we spoke to was aware of the company’s business structure. Each investor believed Harvey Norman was franchised in the same manner as Jim’s Group or McDonald’s. Imagine for a moment if KFC revealed to their investors that they were directly responsible for every liability operating under their name.
Harvey Norman head office was fully aware its “independent business owners” and managers were pitching an elaborate cryptocurrency (GroveToken) scam to employee.
The GroveToken cryptocurrency scam was pitched to employees during work hours in Harvey Norman stores across Australia.
GroveToken marketing materials and corporate Documents were being created and distributed with Harvey Norman stores during work hours.
“He sat me down in his office and explained how he was going to be a millionaire. He showed me how to create the cryptocurrency accounts and how to transfer GroveToken between them. I lost thousands.”
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