Consumer Law

Lawsuit Alleges Wendy’s Franchisee Spent $1M PPP Funding Building Home

Sandi Adler, a former employee of Starboard Group, which happens to be a large Wendy’s operator, has spilled all the tea regarding the franchisee’s chief executive, who she claims diverted $1 million in Paycheck Protection Program loans to foot the bill for his mansion in Montana.

Adler, who served as Starboard’s vice president of legal affairs and human resources before being fired on June 1st for complaining about the bogus practices, filed the complaint on June 30th in Broward County under Florida’s whistleblower statute. In her complaint, she alleges that Starboard was granted about $9 million in PPP loans to be used for operations of their 101 Wendy’s locations across seven states. They also oversee 3,200 employees.

According to Adler’s suit, Starboard CEO Andrew Levy ordered her to list some of his personal employees in Montana as corporate employees, CNBC reports. “The effect of this, in view of the PPP funding, was to defraud the United States and the Small Business Administration,” the complaint stated.

Read the source article at balleralert.com

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