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

The man for all jobs: How a Greek migrant turned setbacks into 7-figure success

When Christof Mantzanas stepped off the plane in Melbourne on 10 March 2015, he had just $1,000 in his pocket.

Jimmy’s Kitchen brings authentic Greek hospitality to The Rocks

Sydney diners can now experience the warmth, flavour, and soul of a traditional Greek taverna without the flight to Greece.

Greek Community of Melbourne enhances safety with defibrillator training seminar

The Greek Community of Melbourne (GCM) took a notable step towards enhancing community safety by organising a defibrillator training seminar.

Wills without the Trojan War

After nearly 15 years in the legal industry, I’ve lost track of how many matters I’ve worked on involving family disputes over estates.

From tech to health: Greek Australians driving innovation in 2025

Australia’s Top 100 Innovators celebrate those who turn setbacks into breakthroughs. This year, three Greek Australians are among them.

You May Also Like

Greek strikes bring country to a standstill for second time in two weeks

Private sector workers in Greece have caused havoc as transport links, the finance sector and media agencies walked off the job on Wednesday for...

Fishermen see hope return amid Greece’s trawler ban

Greece’s remote Fournoi archipelago, rich in coral reefs and marine biodiversity, is set to benefit from a government ban on bottom trawling.

George Logothetis named Table Tennis Australia’s Coach of the Year

George Logothetis has been named the 2022 Community Coach of the Year by Table Tennis Australia and is the first ever recipient of the award.