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April 24, 2013

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Members Of Greek Brokerage Firm Arrested For BILLIONS In Unpaid Debts

Three former board members of the Athens-based brokerage firm Acropolis Securities SA were arrested and are now facing charges for unpaid debts to the state reaching the whopping sum of 6.4 billion Euros (roughly 3 percent of Greece's GDP). (!!!!!!!!)

The Greek state news agency said that the arrest of the 40-year-old former vice-president of the brokerage, Theodoros Priniotakis, and his two sisters Christina and Katerina, aged 30 and 37, both former board members, followed the arrest a few days ago of the company's former president.

The brokerage firm was involved in the structured bonds scandal that erupted in Greece in 2007 and has since had its license revoked.
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