One Man Stole $660 Million. He’ll Never Pay It Back.

Mr. Ballou is a former federal prosecutor and the founder of the Public Integrity Project.

Andrew Wiederhorn lived large. His Oregon estate, on a bluff overlooking downtown Portland, had 10 bedrooms, a 2,000-square-foot pool and an indoor basketball court. Even after he lost the property, he flew on private jets, took luxury vacations and in less than four years spent nearly $700,000 on shopping and jewelry alone.

How did Mr. Wiederhorn get this money? According to the Justice Department, largely through fraud. Mr. Wiederhorn was the chief executive of the fast-food company that owns Johnny Rockets and Fatburger, and according to prosecutors, he stole some $47 million from the business in secret payments........

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