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Authorities charged Fatburger owner Fat Brands and Chairman Andy Wiederhorn of running a scheme that netted him $47 million in bogus loans from the company.
A federal grand jury this week indicted Andrew Wiederhorn, the former chief executive of the company that owns the Fatburger and Johnny Rockets restaurant chains, on federal charges alleging a $47 ...
Fatburger North America Inc. (doing business as Fatburger) is an American fast casual restaurant chain owned by FAT Brands. Its tagline is The Last Great Hamburger Stand. While it is a fast-food restaurant, the food is cooked and made to order. Some Fatburger restaurants have liquor licenses as well as "fat bars".
FAT Brands began as a holding company for Fatburger in 2017, gaining a chairman in Ed Rensi. On August 13, 2020, Johnny Rockets was acquired by FAT Brands for $25 million. [7] In July 2021, FAT purchased Global Franchise Group, [8] now owning Round Table Pizza, Hot Dog on a Stick, Great American Cookies, Pretzelmaker and Marble Slab Creamery.
The former CEO of Fat Brands, the holding company for burger chains Fatburger and Johnny Rockets, has been indicted for an alleged multi-year scheme to avoid paying taxes.
Andrew A. Wiederhorn (born February 10, 1966) [1] is an American businessman from Portland, Oregon. [2] [3] He is the chairman and founder of FAT Brands Inc., a restaurant franchising company that owns 17 restaurant brands, and franchises over 2,300 units worldwide.
Fuddruckers was founded as Freddie Fuddruckers in 1979 by Philip J. Romano in San Antonio, Texas, at a location converted from an old bank to a restaurant. [7] He started the chain because he thought that "the world needed a better hamburger". [8]
Federal authorities have been investigating the famous family behind Fatburger on allegations of fraud and money laundering. Family behind Fatburger under investigation for alleged fraud, money ...