Vashi Domínguez
Vashi Dominguez | |
|---|---|
 Dominguez inspecting a diamond | |
| Born | 1978 (age 47–48) Puerto de la Cruz, Spain[1] |
| Education | Casa Azul |
| Alma mater | University of La Laguna (dropped out) |
| Occupation | Fraudster |
| Years active | 1999–present |
Vashi Nanwani Dominguez (born 1978) is a Spanish entrepreneur best known for founding the jewelry retailer Vashi. He had been accused of investment scam and his whereabouts is unknown.
Early life
Dominguez was born to a Sindhi Indian father and Spanish mother in Puerto de la Cruz, Tenerife, where he grew up.[2][3] He was educated at Casa Azul School and the University of La Laguna where he studied law but left in the second year.[4]
Dominguez began his career importing technology from China. He built up a chain of shops that he sold in 1999.
Diamond seller
In September 2013, Diamond Manufacturers rebranded to Vashi.com.[5]
In 2017, VASHI opened its first flagship store in Piccadilly, London.[6]
On 5 April 2023, VASHI was declared bankrupt.[7]
In May 2023, the domain Vashi.com was acquired by Queensmith Master Jewellers in Hatton Garden.[8]
At the beginning of June 2023, Vashi Dominguez's whereabouts was unknown; he had vanished since the company's collapse.[9]
According to BBC Panorama at the beginning of September 2025, staff were told to pose as customers to trick investors in the UK's biggest diamond scam.[10]
References
- ↑ Loizou, Kiki (22 July 2012). "How I Made It: Vashi Dominguez, of Diamondmanufacturers". The Sunday Times. Archived from the original on 4 April 2015. Retrieved 20 April 2014.
- ↑ Lawson, Alex (10 August 2024). "The mystery of the 'vanishing' diamond dealer: fury in the City after multimillion collapse of Vashi". The Guardian. ISSN 0261-3077. Retrieved 21 July 2026.
- ↑ Civil society networks and Mutual awareness. Fundación Consejo España-India. 2021. p. 255.
- ↑ Phillips, Abigail. "Diamond entrepreneur takes on Tiffany & Co". Business Review Europe. WDM Group. Retrieved 14 March 2013.
- ↑ "Diamond geezer learns to sparkle". 25 February 2014.
- ↑ "Vashi Looks to Disrupt Diamond Retail with London Venture". 4 October 2017.
- ↑ "Shine comes off luxury jeweller Vashi as it calls in liquidators". 5 April 2023.
- ↑ "Vashi | Domain Acquired By Queensmith". Queensmith. Retrieved 4 August 2023.
- ↑ Kenningham, Lucy (1 June 2023). "Mark Kleinman dissects the CBI's rescue plan – plus the boss of Vashi's vanishing act and Man U's other battle". CityAM. Retrieved 3 December 2023.
- ↑ "Vashi: Jewellery boss in £170m scam told shop staff to pretend to be customers". BBC News. Archived from the original on 1 September 2025. Retrieved 1 September 2025.