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Greece

Libra Accuses Ex-Employee of Fraud Resulting in Half a Billion Damage to Business Conglomerate

In an extraordinary case before the Nicosia, Cyprus, court, the Libra Group, a diverse international business active in 35 countries, including Greece, accuses a former employee of being the perpetrator of a scheme that resulted in a loss of almost...

Greece to Extradite Bitcoin Fraud Suspect Alexander Vinnik to France Despite Russia's Objections

Greek Justice Minister Constantinos Tsiaras recently delivered the decision for the extradition of Alexander Vinnik, a Russian national who is a suspect in a case of a massive laundering scheme, to France. This has upset Russia since the country has...

Russian Bitcoin Fraud Suspect on Hunger Strike Admitted to Greek Clinic

Russian national Alexander Vinnik, a suspect involving a Bitcoin fraud, was transferred on Thursday to a specialist clinic in Greece as his lawyers warned that his life was in danger. The Russian man has been on a hunger strike in a...

EU Anti-Fraud Watchdog Probes Possible Misuse of Refugee Funds in Greece

The European Union anti-fraud watchdog is investigating possible misuse of EU funds provided for food for refugees in Greece, a Politico report says. The probe comes after the detention on Saturday of three journalists from Greek newspaper Fileleftheros (Liberal) following...

Greek Police Detain Chinese Man Over €3.6B Fraud Case

Police in Athens detained a Chinese man on an international arrest warrant on Wednesday as he is suspected of committing an estimated €3.6 billion ($4.2 billion) fraud. The man was arrested in the Alimos neighborhood, after Chinese authorities had issued...

Russian Bitcoin Fraud Suspect Applies for Asylum in Greece

Russian Alexander Vinnik, accused of laundering $4 billion through Bitcoin crypto-currency exchange in the US, has petitioned the Greek authorities for political asylum. “Vinnik has filed a petition for political asylum to avoid extradition to the United States. He believes...

Greek Court Approves Extradition of Bitcoin Fraud Suspect to Russia

A Greek court backed the extradition of a Russian citizen to Moscow, who also faces an extradition request by the United States on allegations of laundering billions of dollars in bitcoin. Alexander Vinnik; the suspected mastermind of a $4 billion...

Russia Claims Greek Court Ruling on Bitcoin Fraud Suspect is Illegal

Russia announced that a decision by a Greek court to clear the way for a suspected Russian money launderer to be extradited to the United States, was a violation of international law. Russia has also lodged an extradition request, and...

Greek Court Rules Extradition of Russian Bitcoin Fraud Suspect to USA

A Greek court in Thessaloniki has ruled that Russian citizen Alexander Vinnik, be extradited to the United States, where he is wanted on a $4 billion bitcoin fraud case. Vinnik was arrested while on vacation in Greece on July 25, and...

Greek Court Hears Extradition Case of Russian Bitcoin Fraud Suspect

A Greek court has opened the extradition hearing of Russian cyber crime suspect Alexander Vinnik, who is wanted in the United States on a $4 billion bitcoin fraud case. At the start of Friday's hearing in the northern city of...

Prosecutor Orders Self-Proclaimed Billionaire Sorras and Associates to Respond to Possible Fraud Charges

Self-proclaimed billionaire Artemis Sorras and seven of his associates have been ordered to appear as suspects before a First Instance Prosecutor on Thursday and respond to various felony charges relating to his political grouping “Assembly of Greeks” (Ellinon Synelefsis). Prosecutor...

Prosecutors Launch Fraud Allegations Against Firms Overcharging State Hospitals Millions of Euros

There are two companies that are being investigated for charges of fraud against Greece's state hospitals, according to a prosecutors' report by Antonis Eleftherianos and Yiannis Stevis. The two prosecutors allege that the companies in question defrauded Greek taxpayers out...

Alpha TV Chief Kontominas Charged With Tax Fraud and Money-Laundering

The head of Alpha TV Dimitris Kontominas, a businessman that has also been involved in insurance, retail trade and cinema, was charged on Thursday with criminal counts of tax evasion and legalizing income from illegal activity following an investigation...

Ex-PASOK Fund Manager Spyropoulos Charged With Fraud

An Athens prosecutor brought criminal charges of breach of faith and fraud against Rovertos Spyropoulos, the former socialist PASOK party head of the Social Security Foundation (IKA). The charges were brought following a long investigation into the socialist party's...

France's Most Wanted Fraudster Arrested in Luxury Athens Apartment

France's most wanted fraudster, Alli Shoobhi Kassem, was arrested by Greek authorities in Voula, an up-market suburb on the Athens coast. The French authorities had issued a European warrant for his arrest for illegal activities that include money laundering. The...