A Macy's store decorated for the holidays in San Francisco, California, is seen here on November 13. Macy’s said on December 11 that it has concluded its investigation into an employee who intentionally hid more than $150 million in expenses.
Mandatory Credit: David Paul Morris/Bloomberg/Getty Images via CNN Newsource
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Macy’s provides more details about that employee who hid more than $150 million worth of expenses
Macy’s said Wednesday that it has concluded its investigation into an employee who intentionally hid more than $150 million in expenses, and it has tightened its controls to avoid a repeat of the embarrassing problem.

