Boing Boing

Boing Boing

Massive embezzlement delays Macy's earnings

Macy's has been forced to delay the release of its quarterly financials as they discovered a $154 million case of embezzlement.

Jason Weisberger
Nov 25, 2024
∙ Paid

Cash. Photo: Epiccure / Shutterstock

Macy's has been forced to delay the release of its quarterly financials as they discovered a $154 million case of embezzlement.

A single employee set up a scheme around "small package delivery" that involved stealing 154 million dollars from Macy's. The thievery is reported to have occurred over three years, and natura…

User's avatar

Continue reading this post for free, courtesy of Boing Boing.

Or purchase a paid subscription.
© 2025 Happy Mutants LLC · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture