A former Food52 government, Shannon Muldoon, 38, just lately took a plea deal for making private costs on the corporate bank card — for greater than $270,000.
Muldoon was indicted in August 2024 for one depend of grand larceny within the second diploma, however she will not face jail time; she accepted a plea deal earlier this summer time for 5 years of probation, per an exposé this week from The Minimize.
“She principally walked away with the entire garments. And the reminiscences,” a coworker advised the outlet.
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Muldoon was operating Food52’s branded content material arm, Studio 52, and was issued an organization bank card. In line with the report, from 2021 to 2023, she charged tons of of 1000’s of {dollars} value of bills, together with Botox, fancy gyms, designer garments, and journey to wellness retreats. There have been extreme costs from the posh clothes website, Web-a-Porter, regardless of Food52’s coverage of not offering garments for expertise at picture shoots. (Executives discovered of this coverage after the actual fact.)
Sophie Nathan, Shannon Muldoon, and Christine Tebcherany attend “Health Junkie” E book Launch at Longchamp on July 11, 2017, in New York Metropolis. Sean Zanni/Patrick McMullan | Getty Pictures
Nonetheless, Muldoon was retaining the expensing and labeling as much as code, and the software program that tracked worker expense stories did not catch something, in response to the report. However after a firm reorganization in 2022 and Muldoon taking intensive day off in 2023, colleagues started questioning issues like why producing their movies was so costly and the way Muldoon afforded her way of life, which she was showcasing on Instagram.
“The $270,000 in unauthorized purchases is a really conservative estimate as to Ms. Muldoon’s theft,” the Manhattan DA’s workplace mentioned, in response to court docket paperwork seen by The Minimize. “Our investigation confirmed extra unauthorized purchases from different luxurious clothes manufacturers, furnishings firms, and different travel-related costs.”
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Future Commerce factors out that this case highlights a serious failure of company oversight and the way trendy, automated expensing methods and approval processes can “allow years of unchecked monetary abuse.”
The Minimize reported that Muldoon has paid $15,000 in restitution up to now, however may face penalties as much as $262,000, which will probably be decided in September.
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A former Food52 government, Shannon Muldoon, 38, just lately took a plea deal for making private costs on the corporate bank card — for greater than $270,000.
Muldoon was indicted in August 2024 for one depend of grand larceny within the second diploma, however she will not face jail time; she accepted a plea deal earlier this summer time for 5 years of probation, per an exposé this week from The Minimize.
“She principally walked away with the entire garments. And the reminiscences,” a coworker advised the outlet.
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