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  • American City Business Journals7 months ago

    Former Frisch’s exec to pay $5M

    A former Frisch’s Restaurants Inc. executive appeared in court on Friday to enter a guilty plea to stealing more than $4 million from the company. Michael Hudson, a former assistant treasurer at the company, was accused of embezzling more than $3.9 million over seven years. Hudson also agreed to pay $3.9 million to the company in a separate civil case, according to Hamilton County Common Pleas Court records.

  • American City Business Journals8 months ago

    Frisch’s exec agrees to plea in embezzlement scheme

    A former Frisch’s Restaurants Inc. executive has agreed to plead guilty to stealing more than $4 million from the company, court records show. Michael Hudson, a former assistant treasurer at the company, is accused of embezzling more than $3.9 million over seven years. Hudson also agreed to pay $3.9 million to the company in a separate civil case, according to Hamilton County Common Pleas Court records.