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Employee Misconduct

Business
Macy's Employee Hid Up To $154M In Expenses Since 2021, Company Says Macy's Employee Hid Up To $154M In Expenses Since 2021, Company Says
Macy's Employee Hid Up To $154M In Expenses Since 2021, Company Says A Macy’s employee misstated up to $154 million in delivery expenses over several years, the company just said. The development forced the retailer to delay its third-quarter earnings report. The employee, whose name has not been released, has been fired. According to the company, the employee responsible for accounting small package delivery expenses made erroneous accrual entries to conceal the costs from the fourth quarter of 2021 through the most recent quarter. During that time, Macy’s reported a total of $4.36 billion in delivery expenses. The company conducted an independent investi…

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by Joe Lombardi
Schools
Officials React After OIG Releases Report Regarding Misconduct In Montgomery County Schools Officials React After OIG Releases Report Regarding Misconduct In Montgomery County Schools
Officials React After OIG Releases Report Regarding Misconduct In Montgomery County Schools Officials have reacted to the Office of the Inspector General’s report on the misconduct in Montgomery County Schools. The 20-page report was released by the Montgomery County OIG on Tuesday, Jan. 23 and was prompted by assertations regarding “inadequate response to the alleged misconduct” by former principal Dr. Joel Beidleman. The review found “numerous issues with the manner in which MCPS and DCI handle and investigate complaints of employee misconduct,” as well as “many of the same deficiencies” that were “previously identified by other entities and reported to MCPS.” Councilmember Kat…

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by Valerie Musson