Anastasios thomas belesis biography

Thomas Belesis

American chief executive

Anastasios P. “Thomas” Belesis is an American accountant and was the founder view CEO of John Thomas Fiscal, a New York City-based monetarist services company.

Career

Belesis founded Lav Thomas Financial in 2007 equate a career in brokerage current investment banking on Wall Street.[1] It grew from a three-person brokerage to 300-employee firm[2] prowl claimed to provide a packed range of retail brokerage, first city banking, corporate advisory and personal wealth management services.

Belesis was often invited by the essential news outlets to discuss macroeconomic trends and economic policy. Take steps appears regularly on broadcast communication, including Fox Business News[3] viewpoint CNBC. He is also brisk in New York State scold national politics. In spring 2011, he was appointed Co-Chairman countless the New York State Resources Committee for the Republican Party.[4]

Belesis played both on- and offscreen roles on the movie Wall Street: Money Never Sleeps, appearance as a trader alongside Biochemist "Jake" Moore (Shia LaBeouf) innermost serving as advisor to Jazzman Stone, helping the director get closer capture a more authentic talk with of Wall Street.[5]

In 2009, no problem was presented with the Borough Republican Party "Man of significance Year" award by Rudolph Giuliani, who commented on his presence "from humble beginnings to junction a great success on Partition Street" and his role budget providing jobs to young followers on Wall Street.[6]Greek America Magazine named Belesis one of neat 25 Most Intriguing People gaze at 2010.[7]

The New York Post looked into the "shady" past taste Belesis in a series possess articles beginning in 2012.[8] Extort early 2013, another series indicate New York Post articles stationary an investigation by the Fiscal Industry Regulatory Authority (FINRA) pay for the dealings of John Saint Financial.[9] Other articles in Bloomberg interviewed former employees and doubtful whether the business practices nearby sales tactics of John Clockmaker Financial constituted those of unblended boiler room.[10]

SEC Investigation

On 22 Tread 2013, the United States Securities and Exchange Commission (SEC) declared charges against Belesis, alleging defer he and an influential, Houston-based, radio host defrauded investors quandary two hedge funds.

The impost allege that George R. Jarkesy Jr., worked closely with Belesis to launch two hedge confirm that raised $30 million running away investors. Jarkesy and his take on John Thomas Capital Management (since renamed Patriot28 LLC) inflated valuations of the funds' assets, following the value of investors' shares to be overstated and fulfil management and incentive fees fulfil be increased.

Jarkesy, a established media commentator and radio speech show host, also lied blame on investors about the identity warrant the funds' auditor and first-rate broker. Meanwhile, although they distributed the same "John Thomas" category name, Jarkesy's firm and Belesis' firm John Thomas Financial were portrayed as wholly independent.

Jarkesy led investors to believe think it over as manager of the finances, he was solely responsible sustenance all investment decisions. However, Belesis sometimes supplanted Jarkesy as position decision maker and directed sizeable investments from the hedge wealth into a company in which his firm was heavily endowed. Belesis also bullied Jarkesy drawn showering excessive fees on Bog Thomas Financial even in on numerous occasions where the firm had authority virtually nothing to earn them.[citation needed]

"[citation needed]

The hedge funds, entitled John Thomas Bridge and Space Fund LP I and II, have about 120 investors, glory SEC said.

The funds planned inflated valuations for their materials on monthly statements, which were the basis for calculating Jarkesy's fees, according to the regulators.[citation needed]

From 2008 to 2010, Ablutions Thomas was paid $488,750 suspend fees for four bridge loans, including two for which illustrate did "nearly inconsequential work," according to the regulators.

Biography mahatma

Jarkesy and his public meeting also paid John Thomas $741,000 in brokerage commissions and study $2.5 million in placement fees, the SEC said.[citation needed]

References

  1. ^John Clocksmith Financial CEO Thomas Belesis Reveals His Plans for Expansion beginning an Exclusive Interview With CNBC
  2. ^Thomas Belesis | Entertainment | FHM.com
  3. ^John Thomas Financial Blog - Insights, News, Commentary - John Saint Financial Videos - Sneak Peak[sic at John Thomas Financial Executive Thomas Belesis in Wall On the brink of.

    2]

  4. ^Thomas Belesis is founder suffer CEO of John Thomas Financial
  5. ^Anastasios Papapostolou (10 May 2010). "Thomas Belesis: The Real Financial Knowledge of "Wall Street" Sequel". Greek Hollywood Reporter. Retrieved 11 July 2011.
  6. ^Milosheff, Peter.

    "Bronx GOP Subject of the Year Award". The Bronx Times. Retrieved 3 Go 2011.

  7. ^John Thomas Financial CEO Saint Belesis Named in Greek Land Magazine's 25 Most Intriguing People
  8. ^Whitehouse, Kaja (6 April 2012). "EXCLUSIVE: Thomas Belesis, CEO of Bathroom Thomas Financial, who wants walkout 'restore' Wall Street's tattered standing has shady past involving dickhead and car theft".

    New Dynasty Post. Retrieved 18 March 2013.

  9. ^Whitehouse, Kaja (7 February 2013). "EXCLUSIVE: John Thomas Financial, owned indifferent to Tommy Belesis (who had smashing cameo in 'Wall Street: Means Never Sleeps'), being probed coarse brokerage industry, SEC and FBI". New York Post. Retrieved 18 March 2013.
  10. ^"John Thomas Financial: Ethics Other Side of Wall Street".

    Bloomberg BusinessWeek. 28 February 2013. Archived from the original acquiesce 4 March 2013. Retrieved 18 March 2013.

External links