Following the trials, CWM FX CEO prison sentence for sexual assaults has been issued. The former CEO, Anthony Constantinou was found guilty of abusing female employees.
5 December, AtoZForex – A year ago CWM FX, a sponsor of famous football club Chelsea FC, had to close its offices in London due to being involved in fraudulent activities. Whereas, its CEO Anthony Constantinou had been accused of sexual abusement of female employees. Following the trials, he is now sentenced to a year in jail.
CWM FX CEO Prison sentence
Anthony Constantinou was found guilty of two counts of sexual assault in October, this year. It was the latest case in a string of investigations related to Mr. Constantinou. In the beginning of this year, CWM FX was raided by the police. After the occurrence, 14 employees of the brokerage were arrested including Anthony Constantinou, as they were suspected of money laundering.
On the 1st of December, the wrongdoer was sentenced to a one-year imprisonment because he sexually assaulted two women. Anna Rice, the detective inspector from City of London Police, commented that:
"Mr. Constantinou clearly thought that his demeaning, intimidating behavior was acceptable and today’s sentence has shown this is simply not the case. I’d like to praise these women for their courage in reporting these offenses to the police and throughout the trial, and I would encourage anyone else in a similar situation to contact police."
Instances of abuse
One of the abuse instances was heard at the Old Bailey in London, in October 2014. During the court case, the judges heard that Mr. Constantinou pushed the female employee against the frosted glass of the reception area. Following this invasive action, he groped and kissed her against her will.
While still being on a bail, he abused another woman in February, last year. The assault occurred during drinks after a business meeting. He threw her mobile phone against a wall, saying: "Don’t answer phones in my meeting". The court heard that he treated her in a "disgusting and derogatory" manner and thrust his tongue into her mouth as if she was "a piece of meat".
Anthony Constantinou is charged more than £27,000 in costs.
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