Frisch's Restaurants says a former executive stole millions from the company over several years and is taking him to court to recover it.
In a press release, Frisch's said Michael Hudson, the company's former assistant treasurer, embezzled an estimated $3.3 million from the company by forging payroll documents, creating false documents and accounting entries to divert the money into his personal bank accounts.
Frisch's said in its press release that Hudson resigned and assumed full responsibility. The civil suit has been filed in Hamilton County Common Pleas Court.