Macy's says an employee hid as much as $154 million in expenses

  • Posted on November 25, 2024
  • By NPR
  • 1 Views
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.
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NPR

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