Minneapolis Marketing ExecChargedwith $1.5M Embezzlement

Danielle Eisenbacher, a 39-year-old marketing executive, has been federally charged with embezzling over $1.5 million from her employer, Little & Company. She allegedly used company funds for personal expenses, including luxury items and vacations, and faces 13 federal charges.

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Nitish Verma
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Minneapolis Marketing ExecChargedwith $1.5M Embezzlement

Minneapolis Marketing ExecChargedwith $1.5M Embezzlement

Danielle Terese Eisenbacher, a 39-year-old marketing executive from Minneapolis, has been federally charged with embezzling over $1.5 million from her employer, Little & Company, a Minneapolis-based marketing firm. Eisenbacher faces a total of 13 federal charges, including one count of mail fraud, six counts of wire fraud, and six counts of money laundering.

Why this matters: This case highlights the importance of internal controls and oversight in companies to prevent white-collar crimes. It also serves as a reminder of the severe consequences of embezzlement, not only for the individual involved but also for the affected business and its stakeholders.

The investigation, conducted by the FBI and the U.S. Postal Inspection Service, alleges that Eisenbacher used company funds for personal expenses, including designer clothing and accessories like Rolex watches, luxury furniture, high-end vacations such as a trip to Europe, and home renovations. She allegedly cooked the company's accounting books to conceal her lavish spending, making it appear as legitimate business expenses.

Eisenbacher was employed by Little & Company from October 2019 through October 2023, during which time she allegedly embezzled the funds. She rose through the ranks from Director of Operations to Chief Operating Officer, giving her control over the company's finances. The alleged embezzlement began in January 2020 and continued until her arrest.

Earlier this week, Eisenbacher made her initial appearance in U.S. District Court before Magistrate Judge Douglas L. Micko. Little & Company spokeswoman Amy Jackson said, "As soon as we suspected expense fraud, we notified the authorities and have been working closely with them ever since. Some funds have been recovered from an insurance claim."

Eisenbacher remains free on a personal recognizance bond ahead of a May 30 court appearance. If convicted, she faces significant fines and lengthy prison time. Her attorney has been contacted for a response to the allegations but has not provided a statement at this time.