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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?
Days before
Macy's
is set to take center stage for its annual Thanksgiving Day Parade, the department store chain this week revealed a years-long accounting debacle unlikely to inspire gratitude among shoppers and shareholders. A former
employee
...
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.
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
20h
Macy’s employee hid up to $154 million in expenses
The retail giant delayed the results of its third quarter earnings after discovering that an employee hid millions of dollars ...
2d
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.
Parade on MSN
4d
Macy's Thanksgiving Day Parade Boss Takes Us Behind the Scenes of This Year's Spectacle
So how will this work? Coss: So [
Macy's
Studios
employee
Matt's] doing all the programming right now, and that'll live on ...
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