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Macy's Uncovers $154M Expense Concealment by Employee

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Source: The New York Times
Macy's Uncovers $154M Expense Concealment by Employee
Photo: The New York Times
TL;DR

Macy's has uncovered a scheme where an employee concealed millions of dollars in delivery expenses, prompting an internal investigation into the financial misconduct within the company.

Topics:top-newsbusiness#business#employee-misconduct#financial-investigation#fraud#macys#retail-industry
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  1. Macy’s Discovers Employee Hid Millions in Delivery Expenses  The New York Times
  2. Macy's says worker hid more than $130m in costs  BBC.com
  3. Video Macy's: Employee 'intentionally' hid up to $154M in expenses  ABC News
  4. Macy's delays earnings release as it says employee hid up to $154 million in delivery expenses  CNBC
  5. Macy's $132 million mystery has auditing experts scratching their heads  Business Insider

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