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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: 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 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 financial discrepancy.
3h
on MSN
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 ...
3h
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.
The Business Journals
16h
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 ...
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 ...
Yahoo
18h
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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