Saturday, March 16, 2019
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Administrators for cafe chain revise deficit as ‘potential fraud’ investigations continue
The black hole in the accounts of the troubled cafe chain Patisserie Valerie was as much as £94m, more than twice previous estimates, according to forensic accountants.
The company plunged into administration in January after it was unable to secure new bank finance following the discovery of “potentially fraudulent” accounting irregularities.
Continue reading...from The Guardian https://ift.tt/2W24tn8
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