LONDON: Next Fifteen has written off nearly $3 million in stolen assets due to a fraud case at Bite Communications' San Francisco office, the company said Tuesday in an earnings report for its 2012 fiscal year.
The holding company's profit before tax dropped 21% in the fiscal year ending July 31 to about $9.6 million, compared with the prior year.
The London-based holding company, which owns and operates Text 100, M Booth, The OutCast Agency, and Bite, among others, reported ...