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Poker news tagged with 'real estate'

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jan
23

High-Roller Sentenced To Jail For Defrauding UK Banks

Tags: Achilleas The Don Kallakis, Alex William, casino, fraud, high-stakes, jail, poker, real estate
Posted on 23 January 2013 by "T".

Last week a Greek businessman and poker player was sentenced to 7 years in jail for defrauding UK banks out of some 750 million British Pounds. Achilleas "The Don" Kallakis, 44, lived a jet-set lifestyle of high-stakes real estate purchases and casino/poker gambling. In total, he invested in 16 real estates for €120,000,0000 from 2003 to 2008 and had a private jet, helicopter and super yacht moored in Monaco. He was well known on the casino circuit, spending large sums on backgammon and poker.

Read more » High-Roller Sentenced To Jail For Defrauding UK Banks


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