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Macy’s employee hid up to $154M in expenses
Macy's: Employee hid upwards of $154M in delivery expenses
Macy's announced an employee has "hid" up to $154 million, prompting the U.S. department store chain to delay the release of its third-quarter earnings report.
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.
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.
Rolling Out
1h
Macy’s uncovers shocking $154M hidden expense scheme
Macy’s, one of the leading retail giants in the United States, has recently made headlines after revealing a significant ...
The Business Journals
17h
Macy’s says employee hid as much as $154M in expenses
Macy
’s is delaying its third ... for expense accounting for small package
delivery
"intentionally made erroneous ...
4h
Macy’s says employee hid up to $154 million in expenses
A Macy's employee allegedly hid up to $154 million by making erroneous accounting accrual entries, according to the company.
WTHR
1d
Macy's says employee hid up to $154 million in expenses, delays Q3 earnings
WASHINGTON —
Macy
's reported weaker ... with responsibility for small package
delivery
expense accounting intentionally ...
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