CWM's Mastermind Anthony Constantinou Jailed for Sexual Assault
- Constantinou has been given a 12 month prison sentence for sexually assaulting two women.
The former boss of London-headquartered firm CWM, Anthony Constantinou, has received a 12 month prison sentence for sexually assaulting two women. He was found guilty of molestation of his victims between October 2014 and February last year last month.
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Anthony Constantinou, whose company’s atmosphere was likened by British tabloids to The Wolf of Wall Street movie, was leading the effort at a company which was reported by the London Police to have misappropriated £50 million pounds. In what was allegedly a Ponzi Scheme Ponzi Scheme A Ponzi scheme is a scam that looks to lure investors, ultimately paying profits to earlier investors with funds from more later investors.This form of fraud tricks victims into believing that products are instead generated from product sales or other means. In actuality, most investors are completely oblivious to the actual origin of incoming funds.One of the central attributes of a Ponzi scheme is the necessity of its ongoing nature, which is dependent on a steady flow of new contributions and A Ponzi scheme is a scam that looks to lure investors, ultimately paying profits to earlier investors with funds from more later investors.This form of fraud tricks victims into believing that products are instead generated from product sales or other means. In actuality, most investors are completely oblivious to the actual origin of incoming funds.One of the central attributes of a Ponzi scheme is the necessity of its ongoing nature, which is dependent on a steady flow of new contributions and Read this Term, CWM was targeting the Gurkha and Nepalese communities in London with an investment scheme that was promising to return investors 5% monthly.
CWM had been the focus of law enforcement officials for most of 2015, after police raided the offices of CWM at Heron Tower in March, arresting ten men and three women employed at the foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term brokerage arm of the firm.
Commenting to British press, Anna Rice from the City of London Police's Public Protection Unit said: "Each of these assaults represented an extremely unpleasant ordeal for the victims and we hope that today's verdict can go some small way to offering them a sense that justice has been served. Constantinou clearly thought that his demeaning, intimidating behaviour was acceptable and today's sentence has shown this is simply not the case."
According to the court hearing, Constantinou forced himself upon a woman against the frosted glass of the reception area at the company’s premises, groped her and kissed her against her will. This was documented to have occurred in October 2014.
In February 2015, Constantinou violently assaulted another woman during an after-work drinks gathering, throwing her phone against a wall.
Constantinou was also cleared of one further count of sexual assault at his trial in October. The jury did not reach a decision on a further three charges although the prosecution has said it will not to seek a retrial.
Anthony is the son of well-known London businessman, Aristos Constantinou, who was a victim of the unsolved 'Silver Bullet murder', which took place on New Year's Day 1985.
The former boss of London-headquartered firm CWM, Anthony Constantinou, has received a 12 month prison sentence for sexually assaulting two women. He was found guilty of molestation of his victims between October 2014 and February last year last month.
To unlock the Asian market, register now to the iFX EXPO in Hong Kong
Anthony Constantinou, whose company’s atmosphere was likened by British tabloids to The Wolf of Wall Street movie, was leading the effort at a company which was reported by the London Police to have misappropriated £50 million pounds. In what was allegedly a Ponzi Scheme Ponzi Scheme A Ponzi scheme is a scam that looks to lure investors, ultimately paying profits to earlier investors with funds from more later investors.This form of fraud tricks victims into believing that products are instead generated from product sales or other means. In actuality, most investors are completely oblivious to the actual origin of incoming funds.One of the central attributes of a Ponzi scheme is the necessity of its ongoing nature, which is dependent on a steady flow of new contributions and A Ponzi scheme is a scam that looks to lure investors, ultimately paying profits to earlier investors with funds from more later investors.This form of fraud tricks victims into believing that products are instead generated from product sales or other means. In actuality, most investors are completely oblivious to the actual origin of incoming funds.One of the central attributes of a Ponzi scheme is the necessity of its ongoing nature, which is dependent on a steady flow of new contributions and Read this Term, CWM was targeting the Gurkha and Nepalese communities in London with an investment scheme that was promising to return investors 5% monthly.
CWM had been the focus of law enforcement officials for most of 2015, after police raided the offices of CWM at Heron Tower in March, arresting ten men and three women employed at the foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term brokerage arm of the firm.
Commenting to British press, Anna Rice from the City of London Police's Public Protection Unit said: "Each of these assaults represented an extremely unpleasant ordeal for the victims and we hope that today's verdict can go some small way to offering them a sense that justice has been served. Constantinou clearly thought that his demeaning, intimidating behaviour was acceptable and today's sentence has shown this is simply not the case."
According to the court hearing, Constantinou forced himself upon a woman against the frosted glass of the reception area at the company’s premises, groped her and kissed her against her will. This was documented to have occurred in October 2014.
In February 2015, Constantinou violently assaulted another woman during an after-work drinks gathering, throwing her phone against a wall.
Constantinou was also cleared of one further count of sexual assault at his trial in October. The jury did not reach a decision on a further three charges although the prosecution has said it will not to seek a retrial.
Anthony is the son of well-known London businessman, Aristos Constantinou, who was a victim of the unsolved 'Silver Bullet murder', which took place on New Year's Day 1985.