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Macy’s employee hid up to $154M in expenses
Macy's says an employee hid as much as $154 million in expenses
The employee "intentionally made erroneous accounting accrual entries" to hide millions of dollars, Macy's said. The error forced the company to delay reporting its third quarter results.
A Macy’s employee ‘hid’ up to $154M in expenses over three years — but why?
While we work diligently to complete the investigation as soon as practicable and ensure this matter is handled appropriately, our colleagues across the company are focused on serving our
How Did One Macy’s Employee Hide $154 Million?
The retailer’s surprise announcement that one employee concealed a fortune leaves a lot of unanswered questions.
10h
Macy's Delays Earnings After Finding Millions of Hidden Expenses
Macy's said it would delay the release of its third-quarter earnings after an investigation revealed an employee hid over ...
1h
on MSN
Macy’s says employee hid up to $154 million in expenses
Macy’s says it’s delaying the release of its fiscal third-quarter earnings results after it discovered an up to $154 million ...
13h
on MSN
Macy's says worker hid more than $130m in costs
US department store Macy's says rogue staffer concealed more than $130m (£103m) in company costs over roughly three years, ...
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