Two charged with fraud against Allied Irish Bank and BoS
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Two men have today appeared at City of London Magistrates’ Court charged with offences in relation to defrauding Allied Irish Banks and Bank of Scotland.
Achilleas Kallakis, formerly known as Stefanos Kollakis and Alexander Williams, 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 relate to property loans made between 2003 and 2007 resulting in losses of £56m. The offences in relation to Bank of Scotland relate to a shipping loan made in 2008 resulting in losses of around £5m.
The alleged fraud on Allied Irish Banks was accepted for investigation by the Serious Fraud Office 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.
