Do you know China has an entire industry of "franchise mills" that are way more sophisticated than MLMs?

A Chinese individual named Yongge exposes fake franchise schemes on Douyin, revealing a six-stage scam where victims are lured with fake parent brands, forced to pay inflated fees, and contractually bound to buy overpriced supplies. The industry operates by abandoning failing brands, using shell companies, and transferring legal risks to elderly rural residents, resulting in average losses of $55,000 per victim.