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Poker Enthusiast Convicted Of $1.2 Billion Fraud

Achilleas Kallakis Awaiting Sentencing For Crimes

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Greek poker enthusiast and businessman Achilleas Kallakis has been convicted of defrauding lenders out of $1.18 billion, Bloomberg reported Wednesday.

He reportedly spent extravagantly on high-end items.

He has about $350,000 in career poker tournament earnings.

According to Bloomberg, the 44-year-old was known as “The Don” on the poker circuit.

Kallakis and a co-conspirator are awaiting sentencing.