• 3 for 1 Pizza & Wings founder charged with fraud

    Tags: Crime
    March 18, 2004
0 Comments

TORONTO, Ontario--Toronto Police have charged the founder of the 3 for 1 Pizza & Wings franchise chain with fraud.

According to The Toronto Star, company President Reza Solhi, 36, faces charges on 13 counts of fraud higher than $5,000 in connection with the illegal sale of franchises.

Also charged is Farzad Bagherzadeh, 31, named as an executive of companies connected with 3 for 1 Pizza & Wings, including the company's call center.

Police say the two men targeted used television, radio, newspaper and magazine advertisements promising a complete business operation with training and support.

"A number of people from across Canada responded to these advertisements and subsequently dealt with the accused men," Detective Ted Gaskin of the Toronto police fraud squad said in a news release. "Those people who expressed a desire to become franchisees (and) made significant payments for the franchises ... never received their stores and the accused men refused to return their monies."

The charges relate to the period from September 1999, to July 2003.

In 2003 The Star reported that Solhi, Bagherzadeh and their companies had been named in some 20 lawsuits and counterclaims involving former and prospective franchisees.

Judges have ordered refunds in a few cases, but plaintiffs have had difficulty recovering their investments.

Solhi told the newspaper last year that "Many wild and unfounded allegations have been made by adverse parties. These adverse parties are really 'bad apples' who have caused a lot of damage to 3 for 1 Pizza & Wings."

Read also Judge finds 3 for 1 Pizza & Wings guilty of improper disclosure.

Related Content

Reader Comments

Add a Comment

We welcome your thoughtful comments. All comments will display your real name.

Want to participate in the discussion?

Or log in for complete access.

  • Clear
  • Post
Be the first to post a comment for this story.
Products & Services

Put your menu in your customers' pocket

http://global2.networldalliance.com/new/images/products/showcase_thumb_online_ordering.jpg

1293/Put-your-menu-in-your-customers-pocket

Josper by Wood Stone Charcoal Broiler Oven

http://global2.networldalliance.com/new/images/products/Josper_Charcoal_broiler.gif

1851/Josper-by-Wood-Stone-Charcoal-Broiler-Oven

Stone Hearth Pizza Oven - Mountain Series

http://global2.networldalliance.com/new/images/products/WoodStone_Mountain_sm.gif

1281/-Stone-Hearth-Pizza-Oven-Mountain-Series

Future-proof your restaurant POS investment

http://global1.networldalliance.com/new/images/products/showcase_thumb_futureproof_POS.jpg

1289/Future-proof-your-restaurant-POS-investment

Leapfrog POS App

http://global2.networldalliance.com/new/images/products/4559.png

4559/Leapfrog-POS-App

Can you prove your restaurant POS is PCI-compliant?

http://global2.networldalliance.com/new/images/products/showcase_thumb_PCI_compliance.jpg

1292/Can-you-prove-your-restaurant-POS-is-PCI-compliant

SmartCash Networked Intelligent Safe

http://global1.networldalliance.com/new/images/products/4721.png

4721/SmartCash-Networked-Intelligent-Safe

Recipes

http://global1.networldalliance.com/new/images/products/cubanmedianochepizza_100.jpg

1917/Recipes

POS health test: do a quick check

http://global1.networldalliance.com/new/images/products/showcase_thumb_POS_health_test.jpg

1288/POS-health-test-do-a-quick-check

DriverAdvisor Fleet Monitoring

http://global1.networldalliance.com/new/images/products/DriverAdvisor_iix.gif

1425/DriverAdvisor-Fleet-Monitoring

Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.
Mobile Payments 101: Restaurants