Tag: payment fraud


Rank Group discloses €7.1m payment fraud at Spanish operations

Rank Group has confirmed that its Spanish businesses Enracha and Yo have been affected by a payment fraud amounting to approximately €7.1 million. The disclosure was made through a regulatory statement in which the group outlined the nature of the incident and the steps being taken in response. While the matter is described as serious and exceptional the company has emphasised that it does not undermine its overall financial stability or its ability to continue with planned investments....

Continue Reading