Ex-Fatburger, Johnny Rockets CEO accused of ‘cover-up’ in $47M scheme to avoid taxes

A federal grand jury indicted the former CEO of Fat Brands, Inc. this week for what they said was a years-long scheme to distribute $47 million of shareholder funds disguised as loans to himself to avoid paying taxes.
Andrew A. Wiederhorn, of Beverly Hills, who is still the controlling shareholder of the company behind such restaurant chains as Fatburger and Johnny Rockets, was accused of conspiring with the company’s CFO and an accountant to hide the disbursements to himself over more tha