Meghan Markle’s engagement dress designer blew failed fashion label Ralph & Russo’s cash on exotic lingerie, court papers claim
The glamorous designer of Meghan Markle’s £56,000 engagement dress has been accused of squandering her company’s cash on luxury lingerie and costly hair-salon appointments before its collapse.
Documents released by the High Court detail extraordinary new claims that Australians Tamara Ralph and her ex-business partner Michael Russo ‘personally enriched themselves’ before their fashion label went to the wall in March.
Ms Ralph says her director’s loans were not used to extract money out of the company but as a ‘proper accounting mechanism’. She said she has not been given enough details about the lingerie spending to be able to respond
But earlier this year The Mail on Sunday revealed how the pair had been accused of plundering the fashion house to fund jet-set lifestyles.
Ms Ralph, who is being sued by the company via its administrators for £20.8 million in damages, has strenuously denied the allegations. Now, in newly released legal papers submitted by the company, it is claimed that:
- Ms Ralph spent…