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Met Police launches fraud probe into £170m Vashi collapse

Retail Gazette 07 July 2026 1h ago
Met Police launches fraud probe into £170m Vashi collapse
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Relevance
14/25
Freshness
25/25
Authority
18/20
Brand Signal
6/15
Depth
10/15
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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...
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