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Macy’s employee responsible for a $151 million accounting scandal made one mistake that snowballed into an intentional coverupThe investigation found the employee (who is no longer working at Macy’s), had made one accounting mistake in late 2021, which snowballed into years of coverup, a person briefed on the probe ...
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Macy’s rogue employee hid $151M in expenses to cover up mistake, wasn’t motivated by personal gainciting a source briefed on the probe. To hide the error, the employee, who wasn’t identified by Macy’s, “continued to intentionally make erroneous accounting entries and falsify underlying ...
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