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41-year-old Anthony Constantinou offered returns of 60% per year to investors.

Hedge Funds Correspondent

The chief executive of a London-based FX trading firm has been found guilty of fraud on seven counts for running a fake company that acted like a Ponzi scheme.

Anthony Constantinou, who founded Capital World Markets, has been found guilty of a £70m foreign exchange trading investment scam after a “long-running and complex investigation”, according to a statement from the City of London police.

FX boss found guilty of £70m Ponzi-scheme style scam

FX boss found guilty of £70m FX Ponzi-scheme style scam

Bilal Jafar

Europe

London

US News

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