A former Food52 govt, Shannon Muldoon, 38, just lately took a plea deal for making private prices on the corporate bank card — for greater than $270,000.
Muldoon was indicted in August 2024 for one rely of grand larceny within the second diploma, however she will not face jail time; she accepted a plea deal earlier this summer season for 5 years of probation, per an exposé this week from The Minimize.
“She principally walked away with the entire garments. And the recollections,” a coworker informed the outlet.
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Muldoon was working Food52’s branded content material arm, Studio 52, and was issued an organization bank card. Based on the report, from 2021 to 2023, she charged lots of of hundreds of {dollars} value of bills, together with Botox, fancy gyms, designer garments, and journey to wellness retreats. There have been extreme prices from the luxurious clothes web site, Internet-a-Porter, regardless of Food52’s coverage of not offering garments for expertise at photograph shoots. (Executives discovered of this coverage after the actual fact.)
Sophie Nathan, Shannon Muldoon, and Christine Tebcherany attend “Health Junkie” Ebook Launch at Longchamp on July 11, 2017, in New York Metropolis. Sean Zanni/Patrick McMullan | Getty Photographs
Nonetheless, Muldoon was maintaining the expensing and labeling as much as code, and the software program that tracked worker expense stories did not catch something, in line with the report. However after an organization reorganization in 2022 and Muldoon taking in depth day off in 2023, colleagues started questioning issues like why producing their movies was so costly and the way Muldoon afforded her life-style, 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 stated, in line with courtroom paperwork seen by The Minimize. “Our investigation confirmed extra unauthorized purchases from different luxurious clothes manufacturers, furnishings corporations, and different travel-related prices.”
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Future Commerce factors out that this case highlights a serious failure of company oversight and the way fashionable, automated expensing methods and approval processes can “allow years of unchecked monetary abuse.”
The Minimize reported that Muldoon has paid $15,000 in restitution thus far, however might face penalties as much as $262,000, which shall be decided in September.
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A former Food52 govt, Shannon Muldoon, 38, just lately took a plea deal for making private prices on the corporate bank card — for greater than $270,000.
Muldoon was indicted in August 2024 for one rely of grand larceny within the second diploma, however she will not face jail time; she accepted a plea deal earlier this summer season for 5 years of probation, per an exposé this week from The Minimize.
“She principally walked away with the entire garments. And the recollections,” a coworker informed the outlet.
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