Former Typhoon executive charged with $1M theft

| Print |  Email
Must Reads
Wednesday, October 03, 2012

Former Typhoon COO Richard Anderson pleaded not guilty to charges that he stole $1 million from the restaurant chain.

Anderson once publicly defended Typhoon amid allegations that it violated labor and wage laws. But at the same time, prosecutors say, the Tigard man was embezzling thousands from the company almost every month between February 2009 and January 2011.

Deputy District Attorney Kevin Demer said Anderson collected and kept employees' tax withholdings for nearly two years, leaving Typhoon co-owners Bo and Steve Kline in the dark.

Demer said he believes Anderson's alleged embezzlement ultimately led to the downfall of Typhoon. "Three hundred people are out of work because of it," he said.

Read more at OregonLive.com.

{biztweet}typhoon{/biztweet}

 

More Articles

Editor's Letter: Tortoise and the Hare

February 2015
Monday, January 26, 2015

The day after this issue goes to press, the city of Medford will host its annual business conference. The event features Minoli Ratnatunga, co-author of the Milken Institute’s annual “Best-Performing Cities” report. Preliminary data suggests that Medford is likely to retain its No. 1 ranking among best-performing small cities for having a higher concentration of high-tech firms than the national average. 


Read more...

Crowdfunding 2.0

News
Tuesday, December 02, 2014
120214-crowdfund-thumbBY LINDA BAKER

A conversation with attorney Erich Merrill about the latest way to raise money from large groups of people.


Read more...

Labor Pains

February 2015
Monday, January 26, 2015
BY AMY MILSHTEIN

Thinking about starting an internship program? Be careful. Navigating unpaid internships can be tricky.


Read more...

Will Medford Ever Be Cool?

February 2015
Friday, January 23, 2015
BY DAN COOK | PHOTOS BY JASON E. KAPLAN

A real-estate developer and a Lithia Motors executive aim to revamp the city's forlorn downtown.


Read more...

The short list: 4 companies engaged in a battle of the paddles

The Latest
Thursday, December 04, 2014
pingpongthumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

Nothing says startup culture like a ping pong table in the office, lounge or lobby.


Read more...

Live, Work, Play: Amen Teter

February 2015
Tuesday, January 27, 2015
BY JACOB PALMER

Catching up with Amen Teter, Portland-based global director of action sports for Octagon Olympics & Action sports talent agency.


Read more...

Playoffs pay off for the Ducks

The Latest
Friday, January 02, 2015
oregon-ducks-logo-helmet-thumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

The University of Oregon football team looked unstoppable on the field Jan. 1 — and the university is reaping the benefits of the new postseason format.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS