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

·

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.

READ MORE: Bill Papas the focus of investigation by Australian current affairs show.

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

READ MORE: Greek authorities confirm Bill Papas owns Xanthi FC.

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. 

READ MORE: Westpac hits a wall in extraditing Bill Papas from Greece.

Source: sdna.gr.

Cretan Convention - Web Banner

Advertisement

Share:

KEEP UP TO DATE WITH TGH

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

Advertisement

Latest News

Centenary of Kastellorizian Association of Victoria honoured through special seminar

A seminar by the Greek Community of Melbourne will be a tribute to the centenary of the Kastellorizian Association of Victoria.

Book presentation and cultural tribute at Kogarah to shine light on George Devine Treloar

This Sunday in Kogarah, the Greek Orthodox Parish, Unity in Philia and Pontoxeniteas NSW honour Australian humanitarian George Devine Treloar

Diaspora leaders honoured for outstanding contribution to Hellenism in Australia

The Region of Western Macedonia has bestowed honorary distinctions on the late Zisis Dardalis and Professor Anastasios M. Tamis.

$2 million funding boost pledged for Hellenic Studies Foundation in SA

The Hellenic Studies Foundation is set to receive a $2m boost if Labor is re-elected - strengthening Greek language and culture across SA.

Pavlos Giannakopoulos Tournament a ‘huge win’ for Sydney’s economy and culture

Paul Nicolaou has hailed the Pavlos Giannakopoulos Tournament as Sydney prepares to host the international basketball event this September.

You May Also Like

Kostadinos Hatzivalsamis on ‘TRACY’: Turning family history into film

Fifty years after Cyclone Tracy, filmmaker Kostadinos Hatzivalsamis is bringing a powerful and deeply personal story to the screen.

Justice for Cyprus: Sydney prepares to mark 51 years since Turkish invasion

Sydney prepares to mark the 51st anniversary of the Turkish invasion of Cyprus on Sunday, 27 July 2025. Find out more here.

Greece’s Finance Minister lays out road for recovery in Greek Australian Dialogue series

Gkikiza revealed that in 2020, amid the pandemic, the total volume of trade in goods between Greece and Australia increased by 12.5 percent.