Tamara Ralph says her luxury fashion label was “ruined by my former lover stealing millions.”

The fascinating designer of Megan Markle’s £ 56,000 engagement dress helped her former business partner and boyfriend collapse as she stole millions of pounds from luxury fashion brands Ralph & Russo. I blamed him.

For ten years, Tamara Ralph and Michael Russo have been one of the most formidable couples in the fashion world, along with A-list clients such as Gwyneth Paltrow, Angelina Jolie and Kylie Minogue.

However, an explosive court document seen in an email on Sunday was their specialty as Russo bullied and harassed her after trying to stop him from plundering huge sums of money from the company. Claims that the relationship has collapsed.

Earlier this month, both Ralph and Russo revealed how they were accused of legal documents that raided millions of pounds from a well-known fashion label to fund the Jetset lifestyle. ..

He also reported allegations that Ralph & Russo’s pension pot was attacked before coming into power in March and £ 2.8 million was paid to the tax office. Serious Fraud Offices and pension regulators have been warned of allegations of financial misconduct.

Ralph, 39, who has been sued in the High Court for £ 20.8m in damages through the company’s manager, has always denied the allegations. Now, in an extraordinary legal document detailing her defense, she argues:

• The investigation revealed that Mr. Russo was spending his company’s money at a casino in Mayfair, London, renting a secret real estate in Los Angeles.
• He used the label’s money to fund a trip to Dubai, where he booked a suite at the adjacent Penthouse Hotel.
• He went behind her and used the company’s money to buy a luxury Range Rover.
• She tried to prevent him from using the company’s bank account.
• Russo has launched a “bullying, harassing and abusive” campaign against her.
• Ralph, who was pregnant at the time, was hospitalized due to the stress of Russo’s actions and the complaints of the investor’s company.
• Russo was dismissed as CEO of the company last October because of “abuse” against her.

Meghan Markle (pictured)’s fascinating designer of a £ 56,000 engagement dress collapses as her former business partner and boyfriend steals millions of pounds from luxury fashion label Ralph & Russo. I accused him of contributing.

Australians Ralph and Russo founded the label in 2010. After designing a black dress with beaded bodice that Megan wore for her official engagement photo, she received worldwide acclaim in December 2017.

Court documents claim that their romance ended in 2017 and their professional relationships “steadily deteriorated from 2019 as a result of Mr. Russo’s discrimination, abuse, harassment and Mr. Ralph’s bullying.” doing.

By late 2019, the company’s chief financial officer was alleged to have warned Ralph that “a large cash withdrawal” was being made by Mr. Russo, who “seems not to be for business purposes.” I am.

In February 2020, she was warned that the company violated an agreement that so-called “director loans” would pay less than £ 2.5 million.

Ralph says he told Russo to stop withdrawing money and “repay the amount he owe.” However, according to the document, she was ignored and in March Russo “used the company’s funds to book a penthouse hotel suite interconnected with three first-class flights in Dubai.”

The following month, Ms. Ralph argued that both Mr. Russo and the company’s chief financial officer tried to stop Mr. Russo’s spending by insisting on approving future payments, but he refused to comply again. Has been done.

Ms. Ralph said her attempts to challenge the behavior of her business partners resulted in more and more hostile “bullying, harassment and abuse campaigns” and repeated threatening remarks to kill Ms. Ralph. I am. She claims that this caused her panic attack.

With an even more surprising twist, Ms. Ralph claims that Mr. Russo’s abuse was dismissed on October 9, 2020 for serious illegal activity. “Charging” in the year before its collapse. However, sources close to Mr. Ralph challenged the account, saying that Mr. Russo and the new CEO served on the board during this period.

Administrators have accused Ms. Ralph of spending thousands of pounds on luxury hotels, business class flights, lingerie, yoga classes, beauty treatments and hair appointments. However, she deprives the company of cash reserves and denies using the money to raise money for a luxury lifestyle. She says the use of the company’s expense account was “fully transparent.”

Of the money she withdrew on a so-called director loan, she says she intends to repay £ 316,000 and repay the unpaid £ 195,000.

The explosive court documents seen by The Mail on Sunday bullied and harassed Mr. Russo (pictured) after trying to stop looting huge sums of money from the company, and their professional relationship. Claims to have collapsed

She accuses millions of ex-partners who have disappeared. “Mr. Russo misappropriates millions of people from the company and abuses access to the company’s bank accounts and related bank cards by taking steps to conceal these diversions. “I did,” said the legal document.

Billionaire boyfriend Banu Choudhry and Ralph, who currently live in southern France, admit that they bought Rolls-Royce in 2017, but they are being used for business purposes and the company’s I believed that the name would increase. She claims that Mr. Russo used the company’s funds to buy a Range Rover without her knowledge and exposed her to “serious abuse” when she opposed it.

Her legal document also claims that Mr. Russo used the company’s funds to pay for two rental properties in London. These seem to have been used by his girlfriend. The company is also alleged to have paid for a rental property in Los Angeles that was mistakenly described as being in Dubai, where the label opened a boutique.

Ralph and Russo, manager and real estate developer Nick Candy, who lent £ 17 million to fashion house earlier this year, remained on the board despite allegedly being dismissed as CEO. Claims to have pressured to continue its cooperation. This pressure was applied despite “detailed knowledge of Mr. Russo’s serious misconduct against Mr. Ralph,” the defense document said.

Administrators Begbies Traynor Group and Quantuma Advisory Ltd said: ‘Russo will be closed in March 2020 (when he moved to Dubai), after which Ralph will be solely responsible. Abuse of pensions, contributions of taxes, and misuse of company funds, as stated in the legal claim against her, will continue under her supervision from March 2020 to March 17, 2021. I was broken.

Candy Ventures Sarl said: These are serious financial offenses and we look forward to presenting evidence to the High Court.

The former staff said: “I was shocked by the legal claim against Tamara Ralph. When Tamara was supposed to save the company and save her job, the company’s funds and pension contributions from hard-working staff were in Tamara in southern France. It is immeasurable that it could have been used to fund a luxury lifestyle.

Russo’s spokesman said the manager had not taken any legal action against him and he had not been involved in the enforcement decision for almost a year before the company came to power.

He added: ‘Mr. Russo chooses to make such a serious and misleading false allegation against Tamara Ralph as part of her defense of her claim from Ralph & Russo’s manager. I have both surprise and sadness in what I did. Russo has been working vigorously with Ralph for over a decade to build the company from scratch to a global brand and has the greatest respect and admiration for her.

Tamara Ralph said in a statement: “The irony, creativity, brand face, bullied, unjustly accused, and financial scandals of Ralph & Russo’s female founder, despite trying to prevent others. And it’s scary to be sacrificed in a public defamation campaign.