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

Melbourne scientist Steven Petratos offers hope to thousands with multiple sclerosis

The image of Steven Petratos’ grandfather, confined to a chair with trembling hands, left an indelible mark on his childhood.

Former Victorian Premier Jeff Kennett to launch book on Nick Thyssen’s legacy

Former Victorian Premier Jeff Kennett, supporter of Greece and its diaspora, will launch the biography of Nick Thyssen (Nikos Theodosiadis).

Ithacans in Melbourne enjoy sell-out film screening to support archaeological preservation

On Sunday, at Palace Como in Melbourne, a sell-out crowd of 135 Ithacans and friends gathered to see the historical epic, The Return.

Greek Australians listed among Australia’s top 150 financial advisers

Two Australians with Greek heritage have been named in this year’s The Deal/Barron’s Top 150 Financial Advisers list.

Koraly Dimitriadis’ poetry film ‘Yiayia Mou’ shortlisted for Digital Literary Award

Koraly Dimitriadis's poetry film, Yiayia mou (my grandmother) has been shortlisted for the prestigious Woollahra Digital Literary Awards.

You May Also Like

Greek Community of Melbourne schools welcome students from Adelaide

The Greek Community of Melbourne City Campus welcomed Adelaide students to their class sharing educational activities on Saturday, May 18.

Vasili’s Taxidi: When Good Businesses Become Great Ones – Hairem Hairdressing

Vasili speaks with Vicky Zafiropoulos, who recently won the prestigious Business Person of the Year award at the Local Business Awards.

GCM Seminar: Ottoman Perceptions of the Greek Revolution

Dr Leonidas Moiras will give a lecture entitled Ottoman Perceptions of the Greek Revolution, on Thursday 20 May, at 7.00pm.