Andy Wiederhorn has led an interesting life. The Portland native made his first $100 million in finance before he was 31 years old. His career took a drastic turn in 2000 when he was caught in a financial scandal at Capital Consultants. He pleaded guilty to charges of paying an illegal gratuity and for filing a false tax return. He spent 14 months in jail. After that, he became CEO of fast-food chain Fatburger and lived in a $6.8 million mansion in upscale West Hills. The house is featured in the Undercover Boss episode which featured Wiederhorn. In September 2015, the 19,600 square-foot property which included 10 bedrooms, nine fireplaces and a separate 2,000 square foot pool house became available at a foreclosure auction and sold for $1.95 million.
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After the Undercover Boss episode aired and portrayed Wiederhorn as a benevolent CEO trying to improve the lives of employees, Tom Chamberlain, president of the AFL-CIO of Oregon, aired his opinion. “To be able to ruin workers’ lives (Capital Consultants) and then move down to L.A. to run a company and live in a very nice house is unbelievable,” Chamberlain says. “It’s a shining example of what’s wrong with our criminal justice system and our economy.”
