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Employee hid upwards of $154M in delivery 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.
Macy’s Discovers Employee Hid Millions in Delivery Expenses
The department store chain said it had found the erroneous accounting entries while preparing its results for the third quarter.
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.
2d
How Macy’s worker hid up to $154 million in fake expenses
The retail giant announced a delay in its third-quarter earnings report, postponing the release from November 26 to December ...
5d
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.
Yahoo
4d
Macy’s Worker Accused of Hiding Up to $154 Million in Expenses
A former employee of
Macy’s
has been accused by the retail company of hiding at least $132 million, but potentially as much ...
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