Fraud against Affecto


Affecto Plc – Stock Exchange release, 21 August 2015 at 09:25


Fraud against Affecto

Affecto has become a target of a fraud. The perpetrators appear to have committed an identity theft using sophisticated methods and managed to induce Affectos subsidiary making an unwarranted payment of approximately EUR 960,000.

Affecto has reported the matter to the police authorities and is now working together with the authorities to recover the lost amount. Further, Affecto is investigating its insurance coverage with respect to the incident.

The potential losses caused by the incident will not have an effect on the company’s operating profit before non-recurring items. The previously given guidance for the year 2015 remains unaffected. Affecto will not give further information regarding the matter at this stage in order to enable the authorities to conduct a thorough and uncompromised investigation.


AFFECTO PLC
Juko Hakala
CEO


For additional information, please contact:


Sakari Knuutti
Director, Legal & IR
+358 50 562 4077
sakari.knuutti@affecto.com


Juko Hakala
CEO
+ 358 20 5777 450
juko.hakala@affecto.com