Lycourgos Kyprianou

Lycourgos Kyprianou (born 1954/1955) is a Cypriot businessman, and the former chairman of GlobalSoft and AremisSoft Corp. Together with his business partner, Roys Poyiadjis, he has been charged with defrauding investors of $565 million. He fled to Cyprus, where he remains, and in 2018, the Cyprus justice ministry confirmed that no Cypriot has been extradited to the US.

Lycourgos Kyprianou
Born1954/1955 (age 65–66)[1]
NationalityCypriot
OccupationBusinessman

Fraud charges

In 2002, Kyprianou was charged with securities fraud and money laundering by the US authorities.[2] The fraud was uncovered in 2001, after which Kyprianou and Poyiadjis fled to Cyprus.[2]

In July 2005, a Nicosia court ordered a global freeze on Kyprianou's assets following an alleged US$565 million perpetrated by Kyprianou and Poyiadjis on the shareholders of AremisSoft.[2] The previous month, Poyiadjis agreed to repay $200 million to investors.[2] Kyprianou has denied all charges.[3]

Kyprianou remains in Cyprus, and in 2018, the Cyprus justice ministry confirmed that no Cypriot has ever been extradited to the US.[4]

Personal life

In 2015, his daughter was married at his "palatial residence" in Tseri, Kyproulla.[5]

Publications

Kyprianou, L., 1980, Shape classification in Computer-Aided Design, Ph.D. Dissertation, Cambridge university.[6]

References
  1. Brown, Heidi. "No Island Is An Island". Retrieved 31 May 2018.
  2. "Rich fugitive's assets frozen worldwide". Retrieved 31 May 2018.
  3. "Cyprus Mail: News Articles in English, 02-10-25". www.hri.org. Retrieved 31 May 2018.
  4. "Cyprus is a 'slave' to US in teen extradition case - Cyprus Mail". 1 April 2018. Retrieved 31 May 2018.
  5. "Tales from the Coffeeshop: Party split and Cyprob progress, a headache for DIKO - Cyprus Mail". 12 July 2015. Retrieved 31 May 2018.
  6. Kyprianou, Lycourgos (1980). Shape classification in computer-aided design (Ph.D). University of Cambridge.
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