- Associated Press - Friday, September 18, 2015

BATON ROUGE, La. (AP) - Federal prosecutors say a former executive of a Louisiana-based chain of Popeyes chicken restaurants has been indicted on embezzlement charges.

The indictment alleges that 45-year-old William Ros, of Cortez, Florida, bought a $225,000 race car using some of the nearly $1 million he embezzled when he had store managers send him and his girlfriend bundles of cash.

Ros, the former chief financial officer of Fundamental Provisions LLC, a now-defunct company, once operated 30 Popeyes franchises in Louisiana, Alabama and Florida.

U.S. Attorney Walt Green said in a news release the indictment was unsealed Thursday.

Ros appeared before a federal magistrate judge who released him on personal recognizance, and he is scheduled to appear in Baton Rouge federal court Sept. 25.

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