Comment on The CEO of a company that owns more than 100 Wendy's allegedly used $1 million in PPP loans on a new house in Montana, according

The CEO of a company that owns more than 100 Wendy's allegedly used $1 million in PPP loans on a new house in Montana, according

A lawsuit claims that the CEO of The Starboard Group — a franchisee that owns 100 Wendy's locations —used $1 million in Paycheck Protection Program loans to fund a newly-purchased home in Montana. Sandi Adler, a former vice president at Starboard, claims she was fired after taking issue with CEO Andrew Levy's plans to "defraud the United States and the Small Business Association." Starboard said in a statement that Adler's allegations were "false and hurtful," and that the decision to terminate Adler "was not made in haste or without reason." Visit Business Insider's homepage for more stories. The CEO of a major Wendy's franchisee used funds meant to keep workers employed to fund a newly-purchased home, according to a lawsuit from a former vice president at the company.

 

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