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Originally Published 2 years ago — by Financial Times
The UK Serious Fraud Office has charged four individuals in connection with the collapse of Patisserie Valerie, a popular British cafe chain. The charges include fraud, false accounting, and making or supplying articles for use in fraud. The collapse of Patisserie Valerie in 2019 revealed a £94m ($130m) hole in its accounts, leading to the closure of nearly 70 stores and the loss of thousands of jobs.