Versailles Group controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2000
Fraudulent trading and collapse
After the company entered receivership, investigators examined an approximately £100 million discrepancy in its accounts, alleged fictitious trades, forged documents, money movements intended to simulate business activity, and altered computer records. The investigation reportedly found that more than 80% of turnover in each year from 1992 through 1999 arose from phony transactions.