Bill Papas’ Xanthi FC shares have been frozen by Greek authorities

07 / 06 / 2022

Alleged fraudster, Bill Papas, has had his shares in Greek football club Xanthi FC frozen, local Greek media has reported.

According to sdna.gr, the President of Greece’s Money Laundering Authority, Charalambos Vourliotis, has confirmed Papas’ shares have been seized as a result of an ongoing investigation into potential money laundering in Greek football.

*Bill Papas was spotted at a Xanthi FC game last year.*

Papas is still the President and CEO of Xanthi FC, according to the Club’s website.

Papas stands accused in Australia of forging signatures to fraudulently obtain almost $500 million in loans from Westpac and other banks.

Source: sdna.gr.

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Bill Papas’ Xanthi FC shares have been frozen by Greek authorities

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