Arrests in connection with Diamond Shortbreak Holidays fraud inquiry
A man and a woman in their 30s have been arrested in connection with an inquiry into the collapse of Diamond Shortbreak Holidays.
According to a report in the Leicester Mercury, the two have been questioned over an alleged ‘internal fraud’ at the Market Harborough firm which failed in March.
A spokeswoman for Leicestershire Police told the local newspaper: “Police are investigating an allegation of theft and false accounting relating to a business in Market Harborough.
“Two people have been arrested in connection with the investigation and released on police bail pending further inquiries.
“The offences are alleged to have happened between March 2015 and February this year.
“Inquiries are ongoing.”
According to Companies House, Diamond became aware in early March that ‘over £700,000 of funds had been misappropriated’ from the company.
Suffolk-based Arena Travel has since acquired Diamond’s cruise and rail holiday businesses and has rebranded them.
Bev
Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Qatar Airways offers flexible payment options for European travellers
Phocuswright reveals the world's largest travel markets in volume in 2025
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Skyscanner reveals major travel trends 2026 at ITB Asia
In Italy, the Meloni government congratulates itself for its tourism achievements