Kallakis £61 Million Fraud

According to the Times, Achilleas Kallakis, a billionaire property tycoon,   has been charged with a £61 million commercial mortgage fraud against Allied Irish Bank and Bank of Scotland. Mr Kallakis, formerly Stefanos Kollakis, who spent an estimated £1 billion on trophy properties in London during the boom, appeared at City of London Magistrates’ Court  accused […]