883 days ago
After a six year investigation the FCA has finally launched lawsuits against the CEO and CFO of the £300 million Greek fraud Globo, once a poster boy of the AIM sewer. The company raised more than £100 million in debt and equity but was a complete fraud, going tits up in 2015. You may remember …
2058 days ago
Elon Musk might be forgiven for thinking that few in the business community still lve him. But he does have fans. Step forward Costis Papadimitrakopoulos the founder and CEO of Globo (GBO) which raised tens of millions of dollars in debt and bvia issuing shares on AIM and claimed to have net cash but er... did not. It was a fraud and Costis took stacks of that cash and also sold all his shares before the balloon went up after being tipped off by snot gobbler Dan McCrum lof the FT. Anyhow Costis has been busy on facebook updating his profile last month as you can see below.
3106 days ago
Thanks entirely to the courageous investigative journalism of the snot gobbler Dan “microscopic cojones” McCrum at the FT, ex Globo (GBO) boss Costis Papadimitrakopoulos is now formally in the soup – the company has reported him for fraud to “the appropriate law enforcement agencies in the UK, Greece and Cyprus.”
Meanwhile, after the event the chocolate teapots at the FCA have said that they are investigating Globo. Hmmm, fear not my fraudulent Greek friends, being investigated by the FCA is like being
3821 days ago
To great fanfare it was announced that Globo (GBO) CEO and founder Costis Papadimitrakopoulos (crazy name, crazy sort of guy) has today bought 100,000 shares at 62.27p – this is a bravado buy and means not a lot. As I shall explain.
