BATON ROUGE- 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.