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Fraud case jeopardises Alpha's 2005 performanceFraud case jeopardises Alpha's 2005 performance
1-Feb-2006
UK. Alpha Airports Group has admitted that it may lose between £700,000 ($1.2m) and £2.5m ($4.4m) in revenues as a result of fraud by a third party
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Chief executive Kevin Abbott declined to address the issue in detail but said: "We're going to court to make a prosecution and are warning shareholders about the potential liability. But
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(31-Jan-2006) - Alpha Airports Group may have been the victim of fraud by a third party, which the company warned could result in a significant exceptional loss
(3-Apr-2006) - Alpha Airports Group is to sue an unnamed sub-contractor it claims is responsible for a fraud that severely dented profits last year
(3-May-2003) - UK. The value of credit card fraud in the UK?s duty-free shops hit £143,102 ($223,240) in 2002, according to new figures from the Association for Payment Clearing Services.
(18-Nov-2008) - Investigation reveals that resulting losses for airlines and credit card companies can run into millions of dollars
(31-Mar-2006) - Alpha Airports Group recovers from a "disappointing first-half profit" to post 6.3% growth in underlying pre-tax profit in the year ending January 31 2006, although profits in its UK and Ireland business were well down on the previous year