Print Published 27th Nov 2012, 08:32

Next Fifteen fraud cost nearly £2m

Nearly £2 million has been embezzled from the US division of the listed public relations company Next Fifteen Communications Group, it was confirmed this morning.

The fraud, first announced on 31 October, was carried out by a “long-standing member of the finance team in a trusted position”, the company said (see Next Fifteen hit by “complex” embezzlement).