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

Dionysios Solomos Awards 2026 celebrate excellence in Greek language education

The Greek Orthodox Community of NSW (GOCNSW) proudly hosted the Dionysios Solomos Awards 2026, as part of the 44th Greek Festival of Sydney.

Greek Australian educator speaks out at first Victorian teachers strike in 13 years

For the first time in 13 years, Victorian public school teachers, principals and education support staff marched for their rights.

AHEPA Unit 2 Athena luncheon raises vital funds for head and neck cancer support

AHEPA Unit 2 Athena, Daughters of Penelope, held its annual luncheon and raised $26,000 for Head and Neck Cancer Australia - HANCA.

Pan-Thessalian Federation of NSW holds Annual General Meeting

The Pan-Thessalian Federation of NSW “Karaiskakis” successfully held its Annual General Meeting (AGM) on Sunday, March 22.

Kalamata Society of Melbourne celebrates liberation anniversary with dinner dance

More than 350 guests came together in Melbourne to celebrate Kalamata’s liberation anniversary with a vibrant night of music and dance.

You May Also Like

Turkey challenges Greek offshore energy plans south of Crete

Turkey has objected to Greece’s approval of offshore energy exploration south of Crete, calling the move a violation of international law.

Hellenic heritage shines as United Cup names second round of Community Champions

Greek heritage featured strongly among the United Cup’s latest Community Champions across Sydney and Perth.

Maria Alexiadis OAM: Part-time scientist, part-time Kumite sensei

“I hope that the Greek Australian community are as proud and inspired by my recognition as I am of my Greek heritage,” she says.