INDIANAPOLIS, Ind. (August 19, 2015) - Just months ago, Indy native Jared Fogle was the darling child of the multi-billion dollar Subway Corporation; he was reportedly worth millions of dollars, he had endorsement deals for years, and became the face of Subway and weight loss for many.
Jared’s ascension to fame began in the late 90’s as a student at IU Bloomington.
At that time his weight had reached more than 400 pounds. He made a change and began eating two subway sandwiches a day; eating each meal at the Subway fast-food restaurant just steps from his dorm room.
His change of diet helped him lose more than half his body weight.
National media attention quickly followed and Subway took notice. The company made him the face and brand of the sandwich giant.
Book deals would follow. Published reports say Fogle had a net worth of $15 million. By all accounts, Jared was sitting high atop his own empire.
That would all change this past spring, when the director of his organization The Jared Foundation, Russell Taylor would be the subject of a massive child pornography investigation.
Suspicions that the Taylor investigation would lead to Fogle quickly followed.
In July the federal investigators raided Fogle’s home, taking hard drives and other digital devices containing images and e-mails that allegedly link him to child porn.
Subway immediately backed away from Jared, saying both parties agreed to a “mutual suspension”.
On Tuesday when word spread of a plea deal, Subway cut off all ties. On Wednesday Subway released this statement: “Jared Fogle’s actions are inexcusable and do not represent our brand’s values. We had already ended our relationship with Jared.”