Last March 23, the government agency held a dialogue with the Department of Labor and Employment, the Securities and Exchange Commission, the Overseas Workers Welfare Administration, the Philippine Overseas Employment Agency, Franchising Associations, and a number of complainants to assist and resolve the concerns of OFWs who would like to venture into the franchising business. The DTI said it receives numerous complaints from victims of franchising scams, especially from OFWs. The trade department advises OFWs to contact the DTI Direct Hotline 751-3330 or the Franchising Associations and other relevant government agencies for verification of legitimate franchisors. The DTI specifically identified n Franchise Marketing and Consultancy, Inc., Hamoraon Business Specialist Inc., and Michelle Ann Pacubas-Chan (single proprietor) as bogus franchisors. The Department of Trade and Industry (DTI) asked the foreign affairs department to issue an advisory to all Philippine posts to warn OFWs against rampant franchising scams. MANILA, Philippines – Filipino migrant workers and their families were again warned against bogus franchisors duping them of their hard-earned money. Posted at 11:03 PM Updated as of 11:03 PM
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