Two charged with fraud against Allied Irish Banks PLC
Two men have today appeared at City of London Magistrates' Court charged with offences in relation to defrauding Allied Irish Banks PLC and Bank of Scotland PLC
Achilleas Kallakis (d.o.b 03/09/68 and formerly known as Stefanos Kollakis) and Alexander Williams (d.o.b 03/06/68 and formerly known as Martin Lewis), both from London, have each been charged with two counts of conspiracy to defraud, 13 counts of forgery, five counts of fraud by false representation, two counts of money laundering and one count of obtaining a money transfer by deception.
The case was sent to Southwark Crown Court and the next hearing will be on 4 May The defendants have been remanded on conditional bail.
The offences charged in relation to Allied Irish Banks PLC relate to property loans made between 2003 and 2007 resulting in losses of £56 million. The offences in relation to Bank of Scotland relate to a shipping loan made in 2008 resulting in losses of around £5 million.
Notes for editors:
1. The Serious Fraud Office is a government department responsible for investigating and prosecuting serious and complex fraud. The SFO is headed by the Director (Richard Alderman) who excercises powers under the superintendence of the Attorney General. These powers are derived from the Criminal Justice Act (1987).
Serious Fraud Office, Elm House, 10-16 Elm Street, London, WC1X 0BJ
Press Office tel: 0207 239 7045/7000/7004 or mobile: 07966 558 903
Main switchboard tel: 0207 239 7272
press.office@sfo.gsi.gov.uk - or via - www.sfo.gov.uk
The alleged fraud on Allied Irish Banks was accepted for investigation by the Serious Fraud Office ("SFO") in January 2009. The alleged fraud on Bank of Scotland was accepted for investigation by the SFO in July 2009.The investigation has been conducted together with City of London Police.
For background information, please see the press release issued on 26 March 2009; /press-room/latest-press-releases/press-releases-2009/sfo-investigates-property-investments-bank-loans.aspx
