Melbourne real estate agent Kristiana Karakostas avoids jail over cocaine trafficking on Craigslist

·

Melbourne real estate agent Kristiana Karakostas, who organised drug deals online, has been spared jail because of her efforts to turn her life around.

Karakostas, 27, used coded messages to advertise drugs on Craigslist and then organised deals to sell cocaine and N-Ethylpentylone in February and March 2017, and one day sold $350 of cocaine to an undercover police officer.

She pleaded guilty to two counts of drug trafficking and one of dealing with the proceeds of crime, and was on Friday put on a three-year community correction order.

Kristiana Karakostas had her real estate membership stripped by Real Estate Institute of Victoria.

She must complete 150 hours of unpaid work as part of the community order.

County Court judge Irene Lawson said Karakostas’ crimes would normally warrant a jail term, but her “extraordinary” effort at overcoming a cocaine addiction through drug treatment meant a stint in prison would be counter productive.

“You are a person who has made major life changes, you have re-assessed your values and you’re now committed to a more law-abiding lifestyle,” she said.

Judge Lawson did, however, grant police permission to seize Karakostas’ $20,000 BMW, as prosecutors argued the car was tainted property because it was connected to the drug trafficking.

Karakostas’ employer, Woodards, is standing by her but the Real Estate Institute of Victoria has stripped her membership and will take from her an award she won last year for novice auctioneers.

Karakostas can still work as an agent despite having her REIV membership cancelled.

READ MORE: Kristiana Karakostas dumped by Real Estate Institute after pleading guilty to peddling cocaine on Craigslist.

Advertisement

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Advertisement

Latest News

Knife found in traffic stop examined in Perry Kouroumblis’ Easey Street murder case

A former homicide detective said he seized a knife from accused Easey Street killer Perry Kouroumblis just days after the 1977 double murder.

Government moves to reassure: VCE Classical Greek safe for 2026, consultation to follow

Classical Greek stays on 2026 VCE list, and with stakeholder consultation locked in for 2027, the community’s voice is part of what's next.

Greece completes automatic rollout of new personal identification numbers

Greece has now completed the automatic allocation of personal ID numbers to all citizens who did not choose their preferred first two digits.

Crane truck inside Hagia Sophia sparks fears over floor damage

Photos of a crane truck inside Hagia Sophia have sparked concern over potential damage to the monument’s ancient floor.

‘We will not yield’: Greek Australians mobilise after talks of axing VCE Classical Greek

Alarm is growing in Victoria’s Greek community over fears that Classical Greek and Classical Studies could be removed from the VCE.

You May Also Like

‘Deepened my love for Greece’: Why students in Melbourne learn Greek

The Greek Herald spoke with non-Greek students studying the Greek language as part of a course offered by the Greek Community of Melbourne.

Erdogan issues threat during visit to Turkish-occupied northern Cyprus

Turkish President Recep Tayyip Erdogan visited the breakaway state in Turkish-occupied northern Cyprus on Monday.

Zarax Association of NSW celebrate Mother’s Day with luncheon

The Zarax Association of NSW celebrated Mother's Day together with the feast of Saints Constantine and Helen.