Thursday, 25 June 2015
Excellent breaking news!
43-year-old Spyros Constantinos was found guilty this afternoon at London's Old Bailey of defrauding investors for around £1 million. The jury found him guilty on all ten counts – six relating to fraudulent trading including running a fraudulent business and intent to defraud and four offences of acting as a director whilst disqualified.
Sentencing will be in around 28 days time – hopefully Spyros Constantinos will receive a substantial prison sentence.
More to follow shortly.
Monday, 8 June 2015
'Banned company director 'swindled investors out of £1million in wine scam and spent it on fancy chocolates, shopping sprees at Harrods and Selfridges, holidays to Disneyland'
- Spyros Constantinos, 44, was banned from running a company in 2008
- But he 'squirmed' around restriction to continue wine business, it is said
- He convinced customers to invest life savings in luxury wine portfolios
- And used the money to pay for flights and shopping sprees, it is claimed
Published: 16:38 GMT, 2 June 2015 | Updated: 18:07 GMT, 2 June 2015