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   Monday, April 22 2024 
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Achilleas Kallakis: A real estate tycoon and poker player eats into Irish banks

The poker pro Greek billionaire real estate tycoon Achilleas Kallakis was accused of having scammed the Alled Irish Bank (AIB) and Bank of Scotland £61 millions. He has been jailed since Monday, the 1st March 2010 and until next Tuesday, May the 4th. Kallakis, formerly known as Stefanos Kollakis, had build a huge real estate empire with loans from banks, but which eventually led to a loss of 56 millions pounds of AIB and a loss of 5 millions pounds to the Bank of Scotland. According to the allegations, Mr. Kallakis and his partner Alexander Williams, originally known as Martin Lewis, has managed to more than 700 millions pounds in loans from AIB for 5 years by providing false documents location.



These documents attest that the tenants had long-term contracts and that they paid higher rents than was actually the reality, the duo managed to get a property portfolio that included the impressive buildings that housed the "Daily Telegraph "Parts of the Metropolitan Police. Achilleas Kallakis is a celebrity well known on the poker circuit with more than $ 350,000 winnings in live tournament since 2004. At his prize list, we find a 3rd place at the Poker Open 2005 for $ 100,000 gain. However, he is best known during a broadcast of a famous poker televised program when he was eliminated after a phenomenon in which we saw five players who had all pairs.

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