In the Media

Bogus Mayfair property tycoon convicted of ?750m fraud

PUBLISHED January 16, 2013

Former Croydon travel agent Achilleas Kallakis, who posed as a super-rich Mayfair property tycoon, has been convicted of defrauding banks out of more than £750m in an audacious confidence trick involving actors, secretive offshore trusts, a fictional shipping empire and string of bogus references.

© Guardian News & Media Ltd