Two men have 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 relating to a shipping loan made in 2008 resulting in losses of around £5 million.
