The charges relate to the financial failure of the chain of almost 200 high street bakeries. In 2018 Patisserie Valerie collapsed after reporting accounting and financial misreporting related to an estimated £40m of accounting errors over a three-year period, primarily involving reporting of revenues and invoice irregularities.

The Serious Fraud Office (SFO) has charged former director and chief financial officer of Patisserie Holdings plc, Christopher Marsh, and his wife, accountant Louise Marsh, as well as financial controller Pritesh Mistry and financial consultant Nileshkumar Lad. All four suspects were served with charges at their homes.