Patisserie Valerie finance director arrested
The owner of Patisserie Valerie has said its finance director Chris Marsh was arrested last night and then released on bail.
The cafe chain has been plunged into crisis after revealing on Wednesday it had uncovered "significant, and potentially fraudulent, accounting irregularities".
Marsh had been suspended when these problems were discovered.
Yesterday, the firm said it needed "an immediate injection of capital" to continue trading in its current form.
In a brief announcement to the stock market this morning, Patisseri... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...