Brooke Franchise Corp. Sued for Fraud, Violation of RICO Act

September 26, 2007

  • October 1, 2007 at 5:35 am
    Carlos says:
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    follow the link to view the article.

    http://www.kansascity.com/business/story/295667.html

  • October 2, 2007 at 10:52 am
    Former Brooke EE says:
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    Brooke agents have heart! The SEC is investigating Brooke and is very intersted in some of their business practices. Keep your fingers crossed!

  • October 2, 2007 at 11:18 am
    Outside looking in says:
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    Thank you for publishing this article. The more light that can be shed on brooke the better.

  • October 2, 2007 at 12:07 pm
    Paul Graham says:
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    I have never seen such a one-sided comment section….NOT ONE SINGLE LETTER of support. Not ONE SINGLE comment of support from ANYONE who has done business with Brooke and benefited from the experience. In my opinion, the editors of this magazine are on notice to further explore the issues at hand and write a very comprehensive article. They owe this to the readers….The financial lives of very hard working people can and should be saved by this. I have to believe the editors are aware of the feedback on this article. Personally, I don’t care who the new VP of Underwriting is at some local Agency, I think this magazine has a serious obligation to do the real story. Otherwise, it is just a public relations rag looking for ad revenue.

  • October 2, 2007 at 12:15 pm
    Former Brooke EE says:
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    Amen Brother!

  • October 3, 2007 at 1:11 am
    lisa says:
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    I just want to say that as a former Brooke Agent I had no choice but to walk away. From day one I had problems after problems and it was very diffcult to get any help on anything from them. I tried for months to straighten things out and then when the working capital ran out i was told to sell. There was no help but I walked away and they got another person to take over the office and i am sure they will have the same fate. i think as agents that have been screwed by Brooke we need to get together and expose this company and let people know what is really going on so other people do not have to go thru what we are going thru. And if people need a good lawyer call Brett Coonrod or email him at bcoonrod@smithcoonrod.com.. He is great…..

  • October 3, 2007 at 10:03 am
    Gene Eleazar says:
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    Mann is correct in everything he is saying. The value of the Brooke agency that you buy is determined by a Company that is owned by Brooke. They somehow forget to disclose this. They make it look so good you cannot pass the deal up. I bet Cynthia Weber Scherb, general Counsel was dissappointed to see the old Mann Lawsuit surface. In your contract it states if there are any disputes you need to go to mediation and then arbitration. That is so they keep the lawsuits out of the court system and out of the eyes of the public.
    Brett Coonrod stated that there are fundamental problems with Brooke’s accounting system. I would have to say those problems are more than fundamental. How can you ever get anything solved with your agency and Brooke when the employees who are suppose to be helping you out in your agency keep leaving Brooke.
    Scerb’s comment re: we believe the number of lawsuits we’ve had with franchisees has been very low. And she states that they were successful in resolving them at little or no cost to the Company. I wonder how much they have spent in the lawsuit against Rhonda Lobell. I bet they have spent many times over what they will ever gain in that case. Because they will gain nothing. Once you become a Brooke agent you are going to loose everything you own. You will have no money to defend yourself against Brooke.
    Rhonda Lobell, along with a few other people, are playing the role of “Erin Brokovich” if I spelled that correctly. I’m sure you’ve seem the movie.
    It is the case of the big fish eating little fish just to get fatter.
    It is ashame that we live in a world that treats people like Brooke treats there Franchisees.
    No one has money to fight Brooke, so they end up giving the agency back to Brooke and going away.
    I am thankful for freedom of speech, although sometimes it can get us in trouble.
    I would like to thank all of the people who are working hard to win this battle against Brooke. You know who you are.

    My phone number is 225-268-8173. Please call and leave a message. I will call you back after work hours. I would also like to thank everyone else who posted comments. We need the publicity.

  • October 5, 2007 at 3:02 am
    Better late then never says:
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    I am about to walk away ( giving a 30 day notice letter) and open my own agency. Does anyone know the difficulty , if any in “selling” back your franchise?

  • October 5, 2007 at 7:01 am
    sellerLost alot of money says:
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    Streaked/Mend, Have you guys recieved all the money owed to you per your contract,or did you just recieve a letter instead? Did their SALESPERSON tell you things that didn’t happen,I would like to get a list of all Agency Owners that sold to Brooke, and did not recieve PAYMENTS as agreed in our contract.

  • October 5, 2007 at 12:12 pm
    Former Brooke EE says:
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    Brooke will let you walk away, but if you are going to open another agency – Watch Out! They will automatically assume you are going to “steal” all the franchise business from them and will dog you. Rhonda Lobell can tell you all about it.



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