LONDON: Next Fifteen Communications Group has delayed the publication of its annual financial results due to the discovery of fraud in an operating subsidiary.
The group, which owns Text 100 and Bite Communications, said today that it had learned it “has been the victim of a complex fraud involving a senior member of the finance team in its Bite North America subsidiary.”
As a result, the company has delayed publishing its annual results for the previous financial year pending a full investigation, ...