Police investigation into DX Exchange

The City of London Police’s Economic Crime unit has announced it is investigating an allegation regarding DX Group’s Exchange operations.

DX Group’s board has said in a statement that it “has been notified by the City of London Police Economic Crime Directorate of an allegation that has been made against the company which has resulted in the commencement of a preliminary investigation centred on the DX Exchange operations”.

The DX Exchange service is a private members’ B2B mail and parcel delivery network that is used mainly in legal, financial and public sectors. Customers can receive documents and parcels before 9am and can send items after 1700 on a working day. the service is also used as a site-to-site internal mail network for larger firms.

There are more than 4500 exchanges around the UK and Ireland, that contain more than 25,000 customer post boxes. This includes Legal Post.

DX Exchange users do not need to size, weigh or frank items. Customers only have to add the recipient’s three line DX address and deliver the consignment to their local exchange.

In addition DX has an eDX service that enables users to send and share encrypted digital documents and emails.

The DX statement continued: “The investigation is at a very early stage. The Board of DX received the details of the allegation on 7 June 2017 and is co-operating fully with the City of London Police.”

How this pans out for the ongoing takeover plans by Menzies Distribution will be reported by Apex Insight in the coming days.  
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