Food52 Exec Stal at least $ 270K, used corporate credit card | Entrepreneur

A former Food52 director, Shannon Muldoon, 38, recently made a plea for making personal costs for the company’s credit card – for more than $ 270,000.

Muldoon was charged in August 2024 for one count of Grand Larceny in the second degree, but she will not be confronted with imprisonment; Earlier this summer, she accepted a five -year -conditional plea, according to an exposé this week The cut.

“She actually walked away with all the clothes. And the memories,” a colleague told the exhaust.

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Muldoon ran Food52’s Branded Content Arm, Studio 52, and received a company credit card. According to the report, from 2021 to 2023 she charged hundreds of thousands of dollars in costs, including botox, chic gyms, designer clothing and travel to wellness retreats. There were excessive costs of the luxury clothing site, Net-A-Porter, despite the policy of Food52 not to provide clothing for talent at photo shoots. (After the fact, managers heard of this policy.)

^{Sophie Nathan, Shannon Muldoon and Christine Tebcherany attend the book launch of “Fitness Junkie” in Longchamp on 11 July 2017 in New York City. Sean Zanni/Patrick McMullan | Getty images}

Muldoon, however, stopped the publication and labeling of code, and the software that kept the costs of employees, according to the report. But after one Business reorganization In 2022 and Muldoon who took extensive free time in 2023, colleagues started to question things like why producing their videos was so expensive and how Muldoon offered her lifestyle that she presented on Instagram.

“The $ 270,000 in unauthorized purchases is a very conservative estimate of Mrs. Muldoon’s theft,” said the Manhattan da office, according to judicial documents that are seen by The cut. “Our research showed extra unauthorized purchases from other luxury clothing brands, furniture companies and other travel -related costs.”

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Future trade It points out that this case emphasizes a large failure of company overview and how modern, automated expenditure systems and approval processes can make years of uncontrolled financial abuse possible “.

The cut reported that Muldoon has paid $ 15,000 in refund so far, but can be confronted with fines up to $ 262,000, which will be determined in September.

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