TIM “surprised” by seizure Prosecutor’s office and “confident” of being able to clarify the matter

TIM grants KKR extension to 1015 for Netco

(Finance) – The economic nucleus of Gdf of Milanwithin one investigation ordered by the Prosecutor’s Office on the illicit activation of premium value-added telephony services (VAS services), has implemented a provision of preventive seizure of the total value in di 322 million of Euro. Of this amount, almost 250 million They were seized from TIMwhich is not under investigation, gives the rest to five other companies involved.

It’s about the second line of the Milanese investigation launched in 2018relating to one huge scam in telephone services which revolves around TIM. The investigations have reconstructed all the steps of the fraud mechanism he carried out charge TIM users a fee, monthly and quarterly, for services never requested. According to reconstructions, it would have been enough to open a banner in the app or on the web to find yourself signed up to the service in question without having specifically requested it and often without knowing it.

A multi-million euro business – explained the Prosecutor’s Office – which also drew further profit from the activation of VAS services on mobile connections used between machines for exchanging data, without human intervention (machines or machines, or alarm and home automation systems ).

Tim was surprised to learn about the seizure request from the press – we read in a note from the Group – presented by the Milan Prosecutor’s Office and granted by the investigating judge of the Court of Milan, in relation to the phenomenon of irregular activations of value added services, which occurs more than five years after the events for which we proceed”.

“The society, since 2019as soon as he became aware of irregularities he proceeded on his own initiative report the facts to the Rome Prosecutor’s Officewhich, at the end of the proceedings, characterized the facts as scams against TIM“, specifies the note from the Group, which recalls having “promptly adopted every initiative to protect its customersproviding, between 2019 and 2020, the reimbursement of all irregular activations of which he was aware and to the blocking of value-added services found to be affected by irregular activations. The company therefore trusts that every aspect of this matter will be clarified as soon as possible.”

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