Close Menu
  • Home
  • Finance News
  • Personal Finance
  • Investing
  • Cards
    • Credit Cards
    • Debit
  • Insurance
  • Loans
  • Mortgage
  • More
    • Save Money
    • Banking
    • Taxes
    • Crime
What's Hot

Trump to end student loan SAVE forbearance

July 14, 2025

BBVA launches crypto trading for Spain retail customers

July 14, 2025

Powell asks inspector general to review $2.5 billion renovation after Trump blasts Fed project

July 14, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
Smart SpendingSmart Spending
Subscribe
  • Home
  • Finance News
  • Personal Finance
  • Investing
  • Cards
    • Credit Cards
    • Debit
  • Insurance
  • Loans
  • Mortgage
  • More
    • Save Money
    • Banking
    • Taxes
    • Crime
Smart SpendingSmart Spending
Home»Financial Crime»Police are investigating Boohoo’s claims of stalking
Financial Crime

Police are investigating Boohoo’s claims of stalking

December 5, 2024No Comments2 Mins Read
Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
Police are investigating Boohoo’s claims of stalking
Share
Facebook Twitter LinkedIn Pinterest Email

Unlock the Editor’s Digest for free

Police have launched an investigation in recent months into claims of stalking made by several executives from Boohoo, the online fast-fashion retailer.

The UK Information Commissioner’s Office also confirmed on Wednesday that it had received a complaint from Boohoo that surveillance equipment had been discovered outside the Manchester-based retailer’s headquarters. The identity of the suspected perpetrators is unknown.

Police are investigating whether stalking offenses targeted Dan Finley, Boohoo’s chief executive, John Lyttle, its former boss, and co-founder Mahmud Kamani, the Times first reported.

Boohoo Group confirmed the police investigation and declined to comment further.

Kent Police said on Wednesday it is investigating reported stalking crimes, including at locations in the Sevenoaks area, adding that investigations are ongoing and there have been no arrests.

Greater Manchester Police said: “An investigation into stalking involving serious alarm/distress is ongoing but no arrests have been made at this stage.”

Boohoo is separately locked in a bitter battle with its largest shareholder, Frasers Group – of which sportswear magnate Mike Ashley owns 73 percent – ​​over the company’s performance and the composition of its board.

Aim-listed Boohoo’s shares have lost more than 90 percent of their value since their peak in June 2020, when the retailer was buoyed by an online shopping boom during the Covid-19 pandemic. Shares in Frasers have more than doubled in the same period.

Frasers has claimed Boohoo is “mismanaged” and criticized a recent £222m refinancing, calling it a “catastrophe”. The group, known for Sports Direct, also demanded last month that Kamani “must resign” as chairman.

See also  Social Security updates anti-fraud measures for benefit claims

Boohoo announced that Kamani had been moved from executive chairman to executive vice-chairman on the same day Frasers made its final demands.

It has urged shareholders to vote against Frasers’ wish to appoint Ashley as a director at a meeting with investors on December 20, saying the sportswear mogul is “not suitable” for such a role.

Source link

Boohoos claims investigating Police stalking
Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Previous ArticleStocks making the biggest moves premarket: AEO, FIVE, COIN
Next Article Navigating 2025 Tax Cuts May Be Tough For Trump And The Hill GOP

Related Posts

EU to remove the VAE and Gibraltar from money laundering of the ‘gray’ list of money

July 9, 2025

French police raid from the extreme right-wing rassemblement National of Marine Le Pen

July 9, 2025

South -Africa removing eyes from money laundering ‘gray list’

July 6, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Consider Diversity Equity Inclusion In Your Retirement Portfolio

February 6, 2025

CFPB resignations, confusion ahead of court fight

March 10, 2025

What is the Russell 1000 index and how is a stock included?

February 23, 2025
Ads Banner

Subscribe to Updates

Subscribe to Get the Latest Financial Tips and Insights Delivered to Your Inbox!

Stay informed with our finance blog! Get expert insights, money management tips, investment strategies, and the latest financial news to help you make smart financial decisions.

We're social. Connect with us:

Facebook X (Twitter) Instagram YouTube
Top Insights

Trump to end student loan SAVE forbearance

July 14, 2025

BBVA launches crypto trading for Spain retail customers

July 14, 2025

Powell asks inspector general to review $2.5 billion renovation after Trump blasts Fed project

July 14, 2025
Get Informed

Subscribe to Updates

Subscribe to Get the Latest Financial Tips and Insights Delivered to Your Inbox!

© 2025 Smartspending.ai - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.