In the commitment of its whole property of the businessman Kostas Piladakis proceeds with its decision of the Anti-Money Laundering Authority for offenses related to tax evasion, fraud and money laundering.
Specifically, the order issued yesterday Thursday (12.12.24) requests the freezing of the movable and immovable property of Kostas Piladakis, while special reference is made to the involvement of the Corfu Casino companies. In total, eight natural persons and five companies are audited.
The arrangement is based on evidence that has emerged from long-term research. The document mentions serious indications of the commission of basic criminal offenses by Mr. Piladaki and others involved. The main charges include fraud, tax evasion and money laundering.
In the first case, the businessman allegedly concealed the identity of the real beneficiary of the companies INVICTUS and GLAFKA, misleading credit institutions and the company Sunrise II NPL Finance Designated Activity Company. His action resulted in the avoidance of enforcement measures and damage to State property.
In the second case, Konstantinos Piladakis allegedly concealed taxable income through fictitious expenses in the companies of his interests, such as THEROS INTERNATIONAL GAMING INC, ELLINIKO KAZINO KERKYRAS SA and VIVERE ENTERTAINMENT SA. These actions, according to Vourliotis’ opinion, were intended to reduce or eliminate taxable material. Investigations revealed that Mr. Piladakis and seven other individuals involved allegedly used complex company structures to hide assets and avoid seizure.
The total amount obtained from these activities is estimated to exceed 100 million euros.
The order issued provides for the freezing of all the assets of Mr. Piladakis and the others involved, including:
Bank accounts, investment products and safe deposit boxes.
Mobile and real estate.
Any form of securities, shares or other financial assets.
In the Order it is noted that in the event of new assets being found, banks and financial organizations are obliged to immediately inform the Authority, while the sale of shares is exceptionally permitted only if the proceeds of the sale are deposited in restricted accounts.