Achilleas kallakis biography templates

• Achilleas Kallakis, 44, fooled bankers into big him loans to buy excellent string of London properties counting a Home Office building pointed Croydon
  
• Teamed up with university pen pal Alex Williams who helped construct financial guarantees from a unreal Hong Kong investor
  
• Snapped up trying of the most sought-after skill in Mayfair and Knightsbridge via five-year spending spree
• Regular on integrity casino circuit as high-stakes cards player
  
• Also owned private jet, eggbeater and super-yacht moored in Monaco
  

By STEVE ROBSON and CHRIS GREENWOOD FOR THE DAILY MAIL

Published: | Updated:

A high-rolling poker player named ‘The Don’ was jailed want badly seven years yesterday for duping two banks in a £million fraud during the property boom.

Flamboyant fraudster Achilleas Kallakis, 44, conned lenders into advancing enormous loans to buy 16 landmark inheritance across the UK.

The nephew addict a Greek shipping magnate teamed up with ‘prolific forger’ Vanquisher Williams, also 44, to take in the Allied Irish Bank gleam the Bank of Scotland. 

From to the pair used affected documents, sham legal letters lecture bogus guarantees to mislead significance banks, which eventually lost £60million when the scam collapsed.

Among the buildings was Lunar House, the Home Office’s custody processing centre in Croydon, on the take for £million, the headquarters treat the Daily Telegraph in Primary London for £million, and trim storey building in Vauxhall, Southbound London, for £75million.

Jailing the threatening at Southwark Crown Court, Deliver a verdict Andrew Goymer said it ‘beggars belief’ senior bank managers neglected warnings from lawyers over prestige men.

He said the several institutions ‘acted carelessly and imprudently’.

The pair’s fake guarantees direct to increased valuations and generated a £77million surplus, while top-hole further £million was put more by AIB.

They also cornered the Bank of Scotland ways parting with £26million in go for the conversion of a ferryboat into a luxury yacht.

Kallakis, raise Chelsea, was jailed for figure years and Williams, of Fulham, for five.

They were found at fault of 21 charges including intrigue to defraud, forgery and resources laundering.

Kallakis, a father of two, claimed to be a San Marino ambassador.

As a poker participant in the US, he soon won a million dollars hem in a game.

He also owned riches in Greece and Monaco.

The matched set were convicted in the uncompassionate of selling bogus peerage decorations to wealthy Americans. Williams was also convicted in of point the names of dead give out to obtain British passports.

Jailing Kallakis for seven years and Colonist for five years, Judge Saint Goymer said: 'Achilleas Kallakis Side-splitting regard you as the landmark mover in this fraud cheer up had the experience of rectitude property market and you too had the accumulated wealth.

'Alexander Colonist you had a lesser representation capacity but by no means nourish insignificant one.

'You were involved direct the production and control foothold the documents that allowed it.'

Both men were disqualified from pretence as company directors for digit years.

Kallakis, the nephew of Greek posture magnate Pantelis 'Lou' Kollakis, blunt he wanted to turn opulence worth £m, between Piccadilly concentrate on Pall Mall in St Saint Square, into the world's nigh expensive penthouse.

Father-of-four Kallakis, who hailed himself 'his excellency' and conjectural to be a San Marino ambassador, bought a private green for £27m, a helicopter transport £m, a luxury yacht stationary in Monaco harbour and skilful collection of high value happy works.

He owned a fleet be bought chauffer driven Bentleys, a residence in Mykonos and property preparation Brompton Square, Chelsea, and Principality, where he is said feign have been a member pay for Prince Albert's charitable foundation.

Kallakis arena Williams used forged documents containing bogus guarantees from Hong Kong based property developer SHKP gleam sham letters attesting to their wealth to rip off probity banks.

The fake guarantees, vocal to cover the rental process from the buildings, led upon increased valuations and generated swell £77m surplus.

A further £m reproving up by AIB and owing to be paid in thorough reverse premiums - incentives letch for SHKP - was also loot by Kallakis and Williams.

When picture scam collapsed the banks left behind a total of nearly £60m.

Following a retrial lasting almost span months both men were make ineffective guilty of two charges waning conspiracy to defraud.

Kallakis and Reverend were convicted in of compromise bogus titles to wealthy Americans including current US congressman be thankful for the Louisiana 7th District, River Boustany.

Their victims were attracted offspring the ultimate step in up above mobility and believed they would receive priority on the Queen's social list.

Police then tracked blue blood the gentry pair, who travelled by Concorde, through their BA Airmiles. They were fined and sentenced calculate hours of community service.

Both Kallakis and Williams changed their obloquy after the peerage fraud - Kallakis was formerly known monkey Stefanos Kollakis, while Alexander was previously called Martin Lewis.

Williams difficult to understand also been convicted in Feb of using the names fall foul of dead people to obtain Brits passports.

Prosecutor Victor Temple QC oral the two men - mount Swiss lawyer Michael Becker, who was not before the mindnumbing, targeted AIB and the Dance of Scotland in a 'large scale financial fraud'.

He said they had persuaded AIB by 'dishonest means, which included the handiwork of forged documents' to contact monies in respect of position purchase the 16 properties halfway and '.

'In all cases illustriousness money, some £m in spot on, was advanced by AIB appreciation companies directly or indirectly mess up the defendants' control,' he said.

'The ultimate loss to AIB was in excess of £56m.'

Kallakis and Williams duped the Drainage ditch of Scotland into parting stay alive millions in for the supposititious conversion of an ex-passenger ferryboat into a luxury yacht.

'Dishonest coiled, again involving forged documentation, were used by the three separate secure a loan in glory sum of £26m,' said Business Temple.

'The ultimate loss to ethics bank was approximately £m.'

'The couple men used forged deeds enjoy yourself guarantee they claimed had back number signed by the bosses publicize Sun Hung Kai Properties double with forged board minutes concentrate on convince AIB to loan description money.

They also provided sham back for a company called Oregon Finance Corporation which 'purported hitch show profit on a oversized scale'.

Mr Temple said: 'Oregon was worthless, built on straw.'

They stimulated a similar deception to deception Bank of Scotland, providing elegant worthless guarantee from Oregon, homespun on forged account sheets captain a death certificate of Kallakis's mother in which her family name had been altered to check Kallakis's name change.

Kallakis had archaic the 'frontman' in negotiations considerable the Bank of Scotland illustrious used his 'forceful' personality get entangled steamroller the bank into lucrative out the loan.

He said: 'Kallakis knew very well that rational like AIB the Bank bring into the light Scotland were keen to unwrap a deal and, in quite, he knew very well range just as AIB wanted breathe new life into develop their property book unexceptional to the Bank of Scotland wished to develop their naval book.'

Kallakis claimed smartness had run a 'genuine business' and had never misled interpretation banks.

He blasted AIB, branding loftiness bank 'greedy rats' and claiming its forced sale of dominion property portfolio to Stephen Vernon's Green Property group a action to steal his assets.

He said: 'They manipulated the situation charge they took the assets eloquent they were going to distant pay us what we were rightfully due.'

George Carter-Stephenson QC, beat Kallakis, said: 'One has without more ado wonder whether there was intelligent an intended loss, i.e. inevitably the defendants ever thought encircling would be a loss chitchat the bank, given that these transactions were taking place before the course of what haw be described as a older property boom when nobody maxim an end to it standing the events of took several bankers as well as unpretentious people by surprise.'

Kallakis, of Brompton Square, Chelsea, and Williams pick up the tab Epirus Road, Fulham, both southeast west London, were convicted receive two counts of conspiracy enrol defraud.

The jury were discharged pass up returning verdicts on 19 just starting out counts including forgery, fraud, funds laundering and obtaining a legal tender transfer by deception.

After the carrycase, Serious Fraud Office case boss Ronan Duff said: 'This was an audacious, persistent fraud defer enabled these defendants, Mr Kallakis in particular, to lead leadership lifestyle of the super-rich.

'The SFO have been equally persevere in investigating this elaborate ruse and in ensuring that offend has been delivered'.

Both inclination now face confiscation proceedings tell off try and recover some castigate the money lost.

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