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

Cyprus Community of NSW launches new Business–Trade Platform

As the EU prepares to formally sign its long-anticipated Free Trade Agreement with Australia, the moment carries added significance.

Blue Mountains adventure for Chalkidiki Brotherhood of NSW

Members of the Greek Brotherhood of Chalkidiki "Aristotelis" of NSW travelled on a day trip to Richmond, Hawkesbury and the Blue Mountains.

Artist David Kaneen on his latest exhibition in Greece and ‘feeling accepted and respected’

David Kaneen's latest exhibition is at the cultural centre 'Aggelon Vima' in central Athens and will feature there until April 5.

Tom Koutsantonis’ wife shares life behind the scenes with SA Treasurer

SA Treasurer Tom Koutsantonis may be known for his fiery exchanges in parliament, but at home he is “a really, really kind soul."

Sydney to honour Mimis Plessas as tribute concert approaches sell-out

Tickets are selling fast to the landmark musical tribute celebrating Mimi Plessas, one of Greece’s most influential composers.

You May Also Like

Giakoumakis signs for Celtic on transfer deadline day, joins Postecoglou at the club

Last season's top scorer in the Dutch league cited the Greek-Australian's presence as the main reason for signing with the Celts. It was one of...

Greece signs $4.4 billion arms deal with France

Greece has signed a new arms deal with France worth over $4.4 billion as Athens increases its armed forces.

Sifnos recognised as one of the world’s top gastronomic hotspots

Sifnos has claimed the second spot among the top 100 global destinations renowned for their delectable sweet treats.