NEWS

Fugitive businessman turns self in, saying life at risk

Anastasios Pallis, a businessman who has been on the run since July when police began investigating his relationship to arrested shipowner Victor Restis, turned himself in on Tuesday, reportedly telling authorities that he has received threats against his life.

Pallis faces money-laundering charges in connection to loans issued by the now defunct First Business Bank in which Restis had been the main shareholder. Restis, who was granted conditional release from pretrial custody last week, has accused Pallis of embezzlement.

Pallis also faces charges of illegal weapons possession after a search on his home and on a war museum he runs yielded guns and ammunition as well as Nazi paraphernalia.

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.