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.

Share:

KEEP UP TO DATE WITH TGH

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

Latest News

Melbourne parish honours EOKA liberation struggle anniversary

The anniversary of the start of the EOKA liberation struggle was commemorated in Melbourne’s west on Sunday, March 30.

St Spyridon College students lead Easter Appeal supporting community causes

Students at St Spyridon College have been recognised for their leadership and generosity after delivering a highly successful Easter Appeal.

Greek community marks Independence Day with ‘Olympia’ themed celebration in Brisbane

The Greek community of Queensland, civic leaders and guests gathered in South Brisbane for the official celebration of Greek Independence Day.

Advanced screenings announced for Greek film ‘Kapodistrias’ in Melbourne

Two advanced screenings of the highly anticipated 2025 Greek film Kapodistrias will take place at The Astor Theatre.

Acropolis Funerals named finalist in 2026 Canterbury Bankstown Business Awards

Acropolis Funerals were named finalist for the Outstanding Professional Services Award at the 2026 Canterbury Bankstown Local Business Awards.

You May Also Like

The First Ecumenical Council of Nicaea: Defining Orthodoxy and preserving Hellenism

The First Ecumenical Council of Nicaea, convened in 325 AD by Emperor Constantine the Great, stands as a pivotal event in Christian history.

FFA temporarily suspends all local and NPL football matches

The Football Federation Australia (FFA) has temporarily suspended all grassroots football in an attempt to help minimise the spread of the coronavirus.

Outdated systems blamed for Greece flight disruptions after New Year’s Day

A probe into the partial shutdown of flights across Greece on January 4 has found it was caused by outdated aviation communication systems.