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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.
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 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.
Yahoo Finance
1h
Macy’s delays Q3 2024 earnings after employee concealed $154m delivery expenses
Macy's
has announced a delay in its Q3 2024 financial results due to an accounting issue involving an employee who ...
16h
on MSN
Macy’s says employee hid up to $154 million in expenses
By MICHELLE CHAPMAN Macy’s says it’s delaying the release of its fiscal third-quarter earnings results after it discovered an ...
Yahoo
14h
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 ...
20h
on MSN
Macy’s finds ‘erroneous’ accounting entries, leading to delay of earnings report
Macy’s identified a single employee who made “erroneous” accounting entries to hide up to $154 million in delivery expenses ...
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