Financial Crime Financial Crime

Allied Irish Banks fraudster Kallakis faces further SFO-led cash clawback

By Martin Coyle
  • 03 Sep 2021 08:09
  • 03 Sep 2021 08:09
A fraudster who conned Allied Irish Banks and the Bank of Scotland out of millions of pounds through fraudulent property schemes faces the prospect of handing back more money in compensation to the UK’s Serious Fraud Office.

Achilleas Kallakis was convicted in a London court in January 2013, alongside anothe

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Martin Coyle

Senior Correspondent


Martin Coyle is a senior correspondent, based in MLex's London office, reporting daily on bribery and corruption issues in the UK and Europe. Previously he was a senior editor at Thomson Reuters where he covered anti-money laundering, financial crime and regulatory enforcement issues. Prior to that he was editor of The Accountant, the world's oldest accounting publication, and International Accounting Bulletin, a bi-monthly business journal owned by Lafferty.

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