Because he knows white-collar laws are a farce.
Under Kiwi law, there is insufficient evidence for the Serious Fraud Office, SFO to press criminal charges although 3,000 New Zealanders have lost $80 million of their life savings via the Blue Chip franchise system.
- Blue Chip escapes SFO noose
- Shock as SFO decides not to lay Blue Chip charges
- SFO says insufficient evidence for a criminal prosecution of Blue Chip
Bryers was sentenced in May for over 1oo commercial offenses for which he pleaded guilty. The sentence?: 75 hours of community work and a $37,500 fine. (Blue Chip boss sentenced – but avoids jail)
Not too surprising when governments treat a law enforcement agency as a political sacrificial lamb.
Ray Borradale from Australia notes on yesterday’s FranchiseFool post:
… I do like New Zealand’s approach to franchising.
Nothing complicated – don’t even tell anyone its buyer beware and then keep the location of the mass grave a secret. Economic efficiency and the grace to not worry people before its time to send them to that other place. Bewdiful …
Unmarked economic mass graves.
What Mark Bryers did was substantially the same as every franchise system does frequently/sometimes/selectively does. Bryers ambition was larger and his time frame was shorter. That’s the only difference.
I quote Ray because Bryers is now Australia’s responsibility.