We’re going to go through an alleged E2 visa business fraud that was for $30 million. They’ve had allegedly 120 victims from many different countries, including Mexico. What was this business fraud? In which ways should you further investigate businesses to make sure that you are not a victim of fraud?
Read here to learn more:
Want to speak with a franchise specialist about another franchise? Click here:
00:00 Introduction
00:38 About RhinoPro
02:34 What did they actually did
03:04 Beware of guaranteed returns
03:35 Bad Reviews as Red Flags
5:24 No information online about the CEO
5:45 Vertically Integrated Company
6:05 Not legally a Franchise but a Licensed Business
6:23 Solely Targeting foreign nationals
7:56 The loss of the “franchisees”
8:22 Summary and Advice
10:31 Other examples
11:42 Potential in the US Market
12:54 Conclusion
#VisaFraud #RhinoPro #E2Visa
Two Mexican nationals were arrested in Texas on criminal charges related to their alleged involvement in an E2 visa franchise scheme.
Juan Carlos Martinez Cecias Rodriguez (Martinez), 51, is the owner of Mobile Coatings Management (MCM) and part owner and president of Uberwurx, doing business as RhinoPro, a spray-on truck bedliner and truck accessory company.
Karina Hernandez, 41, is part owner of Texas Franchise and Business Consulting (TFBC). TFBC mainly targets and markets to Mexican nationals interested in starting businesses in Texas.
Google reviews of TFBC show signs of fraud dating back 3+ years:
Texas Franchise and Business Consulting, LLC
8930 Wurzbach Rd #240, San Antonio, TX
Rating: 1/5
2 years ago
(Translated by Google) I am writing on behalf of Dr. Juan Manuel Velasco to report that I was defrauded by these people who run the company. Be careful investing with them, I write from this account since I have been blocked from my personal account and it is very likely that they will delete this comment soon, since they do not want them to know who they really are.
(Original)
Escribo en nombre del Dr. Juan Manuel Velasco para informar que yo fui defraudado por estas personas que manejan la compañía. Tengan cuidado en invertir con ellos, escribo desde esta cuenta ya que he sido bloqueado de mi cuenta personal y es muy probable que borren este comentario pronto, ya que no les conviene que sepan quienes son en realidad.
Rating: 1/5
3 years ago
(Translated by Google) Before investing with this company I recommend that you take into account the bad experience I had with them, I am the General Director of the restaurant La Picadita Jarocha, this company overcharged me for services that they did not give me and they stole the money I deposited from them of an escrow contract, if you wish to inquire before risking your capital, on our website you will find the emails to contact me.
(Original)
Antes de invertir con esta empresa les recomiendo que tomen en cuenta la mala experiencia que tuve con ellos, soy el Director General del restaurante La Picadita Jarocha, esta empresa me cobró de más por servicios que no me dieron y me robaron el dinero que les deposité de un contrato de escrow, si desean informarse antes de arriesgar su capital, en nuestra página web encontrarán los correos para contactarme.
Rating 1/5
3 years ago
(Translated by Google) These consultants seem to me that they have very little seriousness trying to sell businesses by force, I would not recommend them and would rather look for more serious options
(Original)
Estos consultores me parece que tienen muy poca seriedad tratando de vender negocios a fuerza, yo no los recomendaria y mejor buscaria opciones mas serias
Rating 1/5
2 years ago
(Translated by Google) I was also disappointed and deleted every time I put a comment; be careful and investigate
(Original)
A mi también me defraudaron y borran cada que pongo un comentario; tengan cuidado e investiguen
———————————————————
Martinez marketed himself and Uberwurx as providing away for investors to gain E-2 visas for legal entry into the U.S.
Martinez worked with Hernandez to market and sell the Uberwurx franchise to Mexican national investors but failed to make many guaranteed payments to investors.
Martinez’s company, MCM, managed the Uberwurx franchises instead of the investors doing so in violation of E2 visa requirements. Martinez instructed investors to omit from their E2 visa applications the fact that MCM managed the franchises.
Read here to learn more:
Want to speak with a franchise specialist about another franchise? Click here:
source