CWM FX CEO Anthony Constantinou jailed for one year for abusing female employees

Following a police raid on London-based CWM FX CEO which put Anthony Constantinou in the frame for money laundering and a conviction for sexual assault toward female employees, he has now been sentence to a year in jail

Jailed Yen derivatives trader ordered to pay back

The legal difficulties that have now caught up with CWM FX CEO Anthony Constantinou, son of fashion tycon Aristos Constantinou who was shot dead in 1985, continue.

In October, FinanceFeeds reported that Mr. Constantinou had been found guilty of two counts of sexual assault and was facing a jail sentence after being found guilty at a trial at the Old Bailey last month.

That was the latest in a series of investigations that have blighted Mr. Constantinou’s business affairs, initially brought to light at the beginning of this year when the retail FX firm, based in the City of London’s prestigious Heron Tower initially caught the attention of the City of London Police last year when the firm was the subject of a raid by the Police, resulting in the arrest of 14 employees including CEO Mr. Constantinou on suspicion of fraud and money laundering.

Yesterday, Mr. Constantinou was sentenced to 12 months imprisonment for sexually abusing two women in what was found by the court to be an atmosphere of ‘sexual bullying’ in the workplace.

Mr. Constantinou, according to the court, assaulted the women during after-work drinks near the offices at Heron Tower, which is a prestigious location in London’s Square Mile.

The court case which resulted in a guilty verdict was heard at The Old Bailey in London, during which the jury heard that in October 2014, Mr. Constantinou pushed a woman up against the frosted glass of the reception area and went on to grope and kiss her against her will.

Then in February last year, while on bail for the attack, he assaulted another woman during drinks after a business meeting. During the meeting, Constantinou threw her mobile against a wall and told her: “Don’t answer phones in my meeting” according to reports by British mainstream news source The Telegraph.

He treated her in a “disgusting and derogatory” manner and thrust his tongue in her mouth as if she was “a piece of meat”, the court heard.

The woman was hustled out of the office but Constantinou reappeared and asked where she was going. He told her: “Don’t ever f— with me.”

The prosecution asked for more than £27,000 in costs from Mr. Constantinou, who funded his defence privately.

According to various mainstream reports yesterday evening, Mr. Constantinou made no reaction as he was sent down after the judge refused his lawyer’s plea for a suspended sentence.

Detective Inspector Anna Rice, from City of London Police, said: “Mr. Constantinou clearly thought that his demeaning, intimidating behaviour 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 offences to the police and throughout the trial, and I would encourage anyone else in a similar situation to contact police” she concluded.

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