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Luxury Jeweler Vashi Owner Vanishes Amid £170M Scandal

9/1/2025

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Story summary
  • Vashi Dominguez, owner of luxury jeweler Vashi, disappeared amid a £170 million debt scandal involving alleged investor deception.
  • Former employees disclosed that the company inflated sales figures and directed staff to impersonate customers for investment purposes.
  • Dominguez reportedly fled to Dubai as the company collapsed in April 2023, with investigations by authorities pending.