Macy's Uncovers $154M Expense Concealment by Employee
TL;DR Summary
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.
- Macy’s Discovers Employee Hid Millions in Delivery Expenses The New York Times
- Macy's says worker hid more than $130m in costs BBC.com
- Video Macy's: Employee 'intentionally' hid up to $154M in expenses ABC News
- Macy's delays earnings release as it says employee hid up to $154 million in delivery expenses CNBC
- Macy's $132 million mystery has auditing experts scratching their heads Business Insider
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