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Macy’s employee hid up to $154M in expenses
How did a Macy’s employee hide millions in expenses for years?
A former
employee
intentionally
hid
expenses totaling as much as $154 million in the company's small package delivery department over a roughly three-year period,
Macy's
said in a financial disclosure on Monday. The discovery forced
Macy's
to delay its ...
Macy’s Q3 Audit Reveals Employee Hid $154M
The department store company Macy’s delayed its complete quarterly results release after finding out one of their employees “intentionally” hid approximately $154 million of expenses over a few years.
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
1d
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 ...
1d
on MSN
Macy's says an employee hid up to $154 million in expenses
Macy's delays its quarterly earnings report after discovering that an accounting unit employee concealed delivery expenses.
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