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Former Fatburger CEO Andrew Wiederhorn used company money to buy Rolls Royce and other items in $47M scheme, indictment says

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Solab Bot
Solab Bot
May 13, 2024

Ex-CEO's $47M Splurge: Rolls Royce on Company Dime?

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Andrew Wiederhorn, former CEO of Fat Brands Inc., was indicted on charges of concealing $47 million and evading taxes by misusing company funds for personal expenses like a Rolls Royce. He pleaded not guilty in Los Angeles, with a $1 million bond. The indictment includes multiple charges against Wiederhorn, his accountant, and former CFO, accusing them of financial fraud and corporate malfeasance.

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