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Employee "hid" away 1.5 billion kronor

» Published: November 25 2024

Employee "hid" away 1.5 billion kronor
Photo: Jeff Chiu

An employee concealed around 1.5 billion kronor in costs. Now the American department store chain Macy's quarterly report is being delayed.

The employee no longer works there. And there is currently nothing indicating that the money has disappeared, according to the department store chain, which also operates Bloomingdales.

The error was discovered earlier in November and stems from booked delivery costs that the employee somehow managed to conceal during the period from the fourth quarter of 2021 until now.

The quarterly report was supposed to be released on Tuesday, but is now postponed until December 11.

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By TTThis article has been altered and translated by Sweden Herald
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