Thursday, August 30, 2007

The Greco Amirandes in Crete

Apparently Amirandes in Greece, on the island of Crete, is the place to stay when you're a fugitive Greek who has run a Ponzi scheme hedge fund into the ground. That's according to this New York Post article, which says this find may not have a happy ending. Greece won't extradite a naturalized citizen unless he's guilty of something like murder, not just stealing $80 million from defrauded investors. Angelo Haligiannis is certainly having a grand time with the stolen money: About a month after he cut off his ankle bracelet and vanished on Jan. 10, 2006 - he was to be sentenced the next day to 15 years in jail - Haligiannis was living it up, gambling at the Club Hotel Casino Loutraki, a swanky retreat and spa on a gorgeous beach near Athens, sources said.

Greece Online Travel

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