Met Police launches fraud probe into £170m Vashi collapse

The Metropolitan Police has launched a fraud investigation into the collapse of luxury jeweller Vashi, three years after the retailer fell into liquidation with debts of £170m.
The force’s complex fraud team has opened Operation Palisade, which is understood to be examining suspected economic crimes linked to the failure of Diamond Manufacturers Ltd, the company behind Vashi, The Times reported.
The luxury jewellery business, founded by Vashi Dominguez, collapsed in April 2023 follow