macy hid delivery expenses news - Search News

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.

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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 finds that employee hid $154 million in expenses, Q3 earning report is delayed

Share on Facebook Share on Twitter Iconic retailer Macy’s announced Monday that it would delay its full third-quarter earnings report because of an employee hiding up to $154 million in expenses, whic

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How did a Macy’s worker conceal up to $154 million in fake expenses? Experts weigh in

Macy’s is in crisis mode after disclosing that an employee cooked the books for years, using unethical accounting practices ...

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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.

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