Friday, February 10, 2017

Fraud lowers Mr. Green’s results – Västerbottens-kuriren (the Courier)

the gaming company Mr Green reported a profit before tax of eur 5.6 million for last year’s fourth quarter. That compares with a profit of 16.8 million for the corresponding quarter of 2015.

Vinstraset be explained in large part by a fraud.

the Result was burdened by sek 8.4 million in expenses incurred as a result of a fraud related to a security flaw in a payment solution from a third party, according to Mr. Green.

"Säkerhetsbristen was corrected at the end of the quarter," writes Mr. Green in its financial statements.

Exactly how the fraud has gone is not clear.

— There is no risk for customers and no link to security aspects towards the customers or their accounts, ” says Per Norman, Mr. Green’s president, to the DI.see.

Mr. Green’s income raised to 265 million during the fourth quarter of 2016, up from 201 million a year earlier.

No dividend to shareholders for the year 2016 is not proposed.


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