• Report: #741624
Complaint Review:

Mars Venus Coaching

  • Submitted: Thu, June 16, 2011
  • Updated: Thu, June 16, 2011

  • Reported By: Concerned Client of Mars Venus Coac — Denver Colorado USA
Mars Venus Coaching
Internet United States of America

Mars Venus Coaching Rich Bernstein Richard Bernstein Still selling illegal and worthless franchises Internet

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MARS VENUS COACHING continues to sell franchises to naive people. They are illegally selling franchises in mulitple states even though they have not filed a CURRENT FRANCHISE DISCLOSURE AS REQUIRED BY LAW.

Several states have sent cease and desist letters to Mars Venus Coaching in Las Vegas demanding they immediately stop selling franchises. In spite of this they continue to promote and sell these franchises. If you have purchased or been solicited to purchase a Mars Venus Coaching Franchise in the last 12 months and reside in one of the States listed above I highly recommend you contact your state office immediately.
If you are a current Mars Venus Coach in one of these states, you should call the appropriate offices below and confirm Mars Venus Coaching has not filed Franchise Disclosure. They haven't because there are multiple court cases against them and Richard Bernstein. [continued below]....

Fifteen states have franchise investment laws that require franchisor's to provide pre-sale disclosures, known as "offering circulars," to potential purchasers. Thirteen of these state laws treat the sale of a franchise like the sale of a security. They typically prohibit the offer or sale of a franchise within their state until a franchise offering circular has been filed on the public record with, and registered by, a designated state agency. Two of the fifteen states do not require a filing of offering circulars, as noted in the list of state offices below.
These state laws give franchise purchasers important legal rights, including the right to bring private lawsuits for violation of the state disclosure requirements. We encourage potential franchise purchasers who reside in these states to contact their state franchise law administrators for additional information about the protection these laws provide.
California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, NewYork,
North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin

California (filing req'd)
Franchise Division
Department of Corporations
1515 K Street
Sacramento, CA 95814
(916) 445-7205 (916) 445-7205      

Hawaii (filing req'd)
Franchise & Securities Division
State Department of Commerce
P.O. Box 40
Honolulu, HA 96813
(808) 586-2722 
(808) 586-2722  

Illinois (filing req'd)
Franchise Division
Office of Attorney General
500 South Second Street
Springfield, IL 62706
(217) 782-4465 
(217) 782-4465

Indiana (filing req'd)
Franchise Division
Office of Secretary of State
302 W. Washington St., Rm. E111
Indianapolis, IN 46204
(317) 232-6681

Maryland (filing req'd)
Franchise Office
Division of Securities
200 St. Paul Place - 20th Floor
Baltimore, MD 21202
(410) 576-6360 
(410) 576-6360 

Michigan (only notice req'd)
Consumer Protection Division
Franchise Section
PO Box 30213
Lansing MI 48909

Minnesota (filing req'd)
Franchise Division
Department of Commerce
133 East Seventh St.
St. Paul, MN 55101
(651) 296-6328 
(651) 296-6328

New York (filing req'd)
Franchise & Securities Division
State Department of Law
120 Broadway
23rd Floor
New York NY 10271
(212) 416-8211
(212) 416-8211

North Dakota (filing req'd)
Franchise Division
Office of Securities Commission
600 East Boulevard - 5th Floor
Bismarck, ND 58505
(701) 328-2910 
(701) 328-2910

Oregon (no filing)
Corporate Securities Section
Dept. of Insurance & Finance
Labor & Industries Bldg.
Salem, OR 97310
(503) 378-4387
 (503) 378-4387

Rhode Island (filing req'd)
Franchise Office
Division of Securities
233 Richmond St. - Suite 232
Providence, RI 02903
(401) 222-3048 
(401) 222-3048

South Dakota (filing req'd)
Franchise Office
Division of Securities
910 E. Sioux Avenue
Pierre, SD 57501
(605) 773-4013 (605) 773-4013      

Virginia (filing req'd)
Franchise Office
State Corporation Commission
1300 E. Main St.
Richmond, VA 23219
(804) 371-9276
(804) 371-9276 

Washington (filing req'd)
The Department of Financial Institutions
Securities Division
P.O. Box 9033
Olympia, WA 98507-9033
Voice: (360) 902-8760             (360) 902-8760     Fax: (360) 586-5068

Wisconsin (filing req'd)
Franchise Office
Wisconsin Securities Commission
P.O. Box 1768
Madison, WI 53701
(608) 266-3364              (608) 266-3364     

This report was posted on Ripoff Report on 06/16/2011 01:00 PM and is a permanent record located here: http://www.ripoffreport.com/reports/mars-venus-coaching/internet/mars-venus-coaching-rich-bernstein-richard-bernstein-still-selling-illegal-and-worthless-f-741624. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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