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.

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

Greek film festival turns 30 with a Stellar Line-Up of Award-Winning films

The Greek Film Festival is celebrating a major anniversary this year - 30 years of bringing Greek stories to Australian screens.

Summer School for Greek Language teachers in Australia

For the first time in Australia, a specialized online summer school will be held for teachers of the Greek language in the diaspora.

Children’s week at the Greek Community of Melbourne

As part of Children’s Week the Greek Community of Melbourne Schools are taking part in the celebrations organised by the Victorian Government

Get Online Week at the Greek Community of Melbourne

As part of Get Online Week 2025, the Greek Community of Melbourne and Victoria will proudly join Good Things Foundation’s national campaign.

St Benedict School in Mt Torrens rejects screens, embraces ancient Greek philosophy

Established in early 2024 by members of the Catholic Church of the Holy Name, St Benedict has grown to around 50 students.

You May Also Like

Versatile defender Koutroumbis joins Glory on two-year deal

Perth Glory is delighted to confirm that versatile defender John Koutroumbis has signed a two-year deal with the club.

Socceroos qualify for 2026 World Cup with victory over Saudi Arabia

Football Australia is proud to confirm that the Subway Socceroos have officially qualified directly for the FIFA World Cup 2026 ™.  

Tragedy in Lesvos: One dead and 12 missing in sunken ‘Raptor’ freighter

In a maritime incident near the Greek island of Lesvos, the body of a crew member from the sunken freighter 'Raptor' was discovered.