Calif. U.S. Attorney: Former CEO and Controlling Shareholder of Fat Brands, Former CFO, and Tax Advisor Indicted in Alleged Scheme to Conceal $47M Paid to CEO in the Form of Shareholder Loans
May 10, 2024
May 10, 2024
LOS ANGELES, California, May 10 -- The office of the U.S. Attorney for Central District of California issued the following news release:
Andrew A. Wiederhorn, the former CEO and current controlling shareholder of the publicly traded Fat Brands Inc. (FAT), has been indicted on federal charges alleging a scheme to conceal $47 million in distributions he received in the form of shareholder loans from the IRS, FAT's minority shareholders, and the broader investing public, the Justice De . . .
Andrew A. Wiederhorn, the former CEO and current controlling shareholder of the publicly traded Fat Brands Inc. (FAT), has been indicted on federal charges alleging a scheme to conceal $47 million in distributions he received in the form of shareholder loans from the IRS, FAT's minority shareholders, and the broader investing public, the Justice De . . .