Ethicast: The Weiderhorn Indictment Puts Corrupt CEOs on Notice

Ethicast: The Weiderhorn Indictment Puts Corrupt CEOs on Notice

In this Ethicast episode, Ethisphere’s Chief Strategy Officer & BELA Executive Chair, Erica Salmon Byrne explains some of the key governance takeaways and implications from the developing story of Andrew Weiderhorn, the former CEO of casual dining company Fat Brands, who has been indicted for looting his own company. Weiderhorn, a convicted felon who did time in 2004-05, is accused of orchestrating nearly $47 million in bogus personal loans from Fat Brands to fund his lavish lifestyle, as part of a long-running pattern of fraud and tax evasion.