The founder of listed and bankrupt fitness firm California Wow Xperience Plc (CAWOW), Eric Levine, on Wednesday denied fraudulently transferring the company's funds overseas.
Policemen exercise at a California Wow fitness centre, hoping to shed some pounds as part of the 2009 police weight loss programme. (File photo)
The failed CAWOW fitness firm was accused by the Anti-Money Laundering Office (Amlo) on June 7 of cheating its customers and shareholders by reporting losses while transferring 1.69 billion baht out of the country over 10 years.
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