BALTIMORE (AP) — Federal prosecutors say the former CEO of a fast food franchise has been indicted on charges of embezzling $885,000 from the company.
The U.S. Attorney’s Office in Baltimore says Mark Chandler Goodnow, who was the head of Severna Park-based Wings to Go, was indicted Tuesday. He faces one count of wire fraud.
The indictment alleges Goodnow wrote unauthorized corporate checks from September 2006 to January 2011 to pay three Texas women for phone sex and to cover the personal expenses of one of them.
He’s also accused of using company funds on prostitutes in Maryland.
Goodnow allegedly concealed the payments by reporting them as advertising expenditures.
A telephone listing for his home in Pasadena rang unanswered Wednesday morning.
Goodnow faces a maximum of 20 years in prison and a $250,000 fine.
(Copyright 2012 by The Associated Press. All Rights Reserved.)