Former Mayor Of Second Largest Greek City Sentenced To Life For Embezzling €17 Million

Tyler Durden's picture


Now here is a headline one will never find in the US: "Former mayor, local officials sentenced to life for embezzlement."

This headline comes from Greece, which due to the country's insolvency, is finally back to the anachronistic practice of holding elected officials in positions of power accountable for their actions because the people are understandably angry and seek justice. Other "developed" countries have the luxury of distracting the public with such trivial sideshows as the Criss Angel school of levitating wealth effects and other illusions which have managed to delay the day of comparable reckoning for now. Hopefully Bernanke can continue his wholesale assault against savers for years and years, or else one may just get the US mainstream media reporting of such atrocities against the status quo in the US.

From AP:

A court in the northern Greek city of Thessaloniki has convicted three of the city's former top officials, including a former mayor, and sentenced them to life imprisonment for embezzling more than €17 million from the municipality.


Former mayor Vassilis Papageorgopoulos, who was also previously a junior government minister, insisted he had not been involved in any embezzlement. The municipality's former general secretary, Mihalis Lemousias, and former treasurer Panagiotis Saxonis were also given life sentences.


All three are to be jailed later Wednesday.


Two former financial directors were sentenced to 10 and 15 years each, and were released pending their appeal.

And the man with the lots of letters in his name himself who wishes he was in Zihuatanejo:

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Wed, 02/27/2013 - 13:56 | 3282357 Meatballs
Meatballs's picture

Hang the fuckers.

Wed, 02/27/2013 - 13:56 | 3282363 TheFourthStooge-ing
TheFourthStooge-ing's picture

In the US, it would result in a $1000 fine and no admission of wrongdoing.

Wed, 02/27/2013 - 14:02 | 3282385 SnobGobbler
SnobGobbler's picture

or they would look the other way as is currently happening in most cities.

Wed, 02/27/2013 - 14:09 | 3282414 macholatte
macholatte's picture






I don't get it.  It's all Greek to me.

Wed, 02/27/2013 - 14:10 | 3282425 ACP
ACP's picture

In the US, he'd get sentenced to a third term in office.

Wed, 02/27/2013 - 14:16 | 3282442 krispkritter
krispkritter's picture

Is that Atlantic Shitty job taken? He'd be perfect!

Wed, 02/27/2013 - 14:18 | 3282455 smlbizman
smlbizman's picture

shouldnt they just send them to armandhammermendagja in iran....he seems to know how handle these situations

Wed, 02/27/2013 - 14:19 | 3282461 Xibalba
Xibalba's picture

Where's Corzine??

Wed, 02/27/2013 - 14:49 | 3282575 bank guy in Brussels
bank guy in Brussels's picture

Union leadership ... Corzine style :

« The head of Mexico's powerful teachers' union has been arrested ... Elba Esther Gordillo, who has led the 1.5 million-member National Union of Education Worker for 23 years, was detained in Toluca on Tuesday on charges that she embezzled about $160 million from union funds ... »

Wed, 02/27/2013 - 15:30 | 3282788 MagicHandPuppet
MagicHandPuppet's picture

In the US, politicians only get severe prison sentences if they talk smack about a bank.

Wed, 02/27/2013 - 15:42 | 3282859 Bunga Bunga
Bunga Bunga's picture

Give them asylum in US and citizenship, they are very qualified.

Wed, 02/27/2013 - 16:39 | 3283105 DeadFred
DeadFred's picture

Someone forgot  that even the pols need to make campaign contributions

Wed, 02/27/2013 - 14:18 | 3282449 espirit
espirit's picture

Seriously, I would have thought "sentenced to life in exile" might be closer to the truth.

Wed, 02/27/2013 - 14:06 | 3282408 WillyGroper
WillyGroper's picture

I thot they got a hefty bonus for that kind of behavior in the US. 

Wed, 02/27/2013 - 14:32 | 3282501 sodbuster
sodbuster's picture

>In the US, it would result in a $1000 fine and no admission of wrongdoing.<

And then Goldman Sucks would hire them and give them a bonus.


Wed, 02/27/2013 - 19:31 | 3283705 Muddy1
Muddy1's picture

And a contract like turbo tax cheat Timmy's to write a tell all book, and sell the movie rights.

Get a rope, it'll save the Greek taxpayers a lot of money.

Wed, 02/27/2013 - 13:59 | 3282370 LawsofPhysics
LawsofPhysics's picture

Exactly, there is no tax monies to support him in prison anyway.  Show the world some real consequences and only then will these fuckers change their bad behavior (if only for a little while).

Wed, 02/27/2013 - 14:00 | 3282378 vmromk
vmromk's picture

He only stole $17 million.

Bernanke is rolling over laughing at such an amateur.

Wed, 02/27/2013 - 14:47 | 3282568 Bandit und Buster
Bandit und Buster's picture


Wed, 02/27/2013 - 15:00 | 3282639 ElvisDog
ElvisDog's picture

What a dumb-ass. Either you embezzle 17 million or you stay in the country. You do not do both.

Wed, 02/27/2013 - 14:10 | 3282360 Edward Fiatski
Edward Fiatski's picture


Go -Ice-land or BUST!! 

Olala, pardon me, I forgot it's a beautiful-beautiful Spring in the Mediterranean -- oh well, back to getting a tan for the 99% of the population.

A tan and a nice round of anal for everyone.

Wed, 02/27/2013 - 13:58 | 3282366 ParkAveFlasher
ParkAveFlasher's picture

Opa!  No really, my first +100 green arrow comment, on the Dimon thread this morning!

Today, I am King!  Cheetos and handjobs, for all my men! 

Wed, 02/27/2013 - 13:59 | 3282368 maskone909
maskone909's picture

Mind-Freak economy!

Wed, 02/27/2013 - 13:59 | 3282371 Dre4dwolf
Dre4dwolf's picture

Wont do a damned thing unless they arrest and jail the bankers who gave him 17 million.

If you dont arrest the bankers, they will just keep buying your politicians. 



Wed, 02/27/2013 - 13:59 | 3282372 taraxias
taraxias's picture

It's the corrupt Greek government's way of throwing a bone to the masses before the next wave of new cuts get announced in June.

Move along, nothing to see here.

Wed, 02/27/2013 - 13:59 | 3282373 suckerfishzilla
suckerfishzilla's picture

You won't see that type of justice in the US because our bankers are working on putting their heads in one of those FEMA camp guillotines. 

Wed, 02/27/2013 - 14:00 | 3282379 q99x2
q99x2's picture

They should go after anyone Goldman to get the truth flowing.

Wed, 02/27/2013 - 14:01 | 3282380 yogibear
yogibear's picture

Europe needs to learn from the US. We have the best criminal minds in the world. Hank Paulson and Corzine make these people look like punks.

Wed, 02/27/2013 - 14:02 | 3282386 Inthemix96
Inthemix96's picture

Never mind life.

Peel, or boil this fucker alive from cold.

You dont authorities, I can give you a cast iron guarantee, we will.  We are fucking sick to the back teeth of the shit these grifting fucking parasites are getting away with.

Either you stop it.  Or we will, and if we, meaning people like me do it, you go with them.

You fucking "Looking the other way while crime is being commited boys, we get a bonus in our pay check", you lot go with them.


Wed, 02/27/2013 - 14:09 | 3282420 WillyGroper
WillyGroper's picture

With ur slingshot? 

+10 for enthusiasm.

Wed, 02/27/2013 - 14:17 | 3282448 Inthemix96
Inthemix96's picture

Trust me mate,

Unless I meet you in America where I can get my hands on a gun, if you meet me here in Englishtan at 50 feet or less, you are dead.

All in good jest of course, keep up the good work friend.  I have no fucking doubt the good will prevail.

We always do.

This place ZH gives me heart.  There are many good minded, thoroughly nice chaps and women on here it makes me smile knowing that when the game comes down, there really are some genuine folk out there in the wilderness.

We will be alright in the end.  We will see to this, its only a flesh wound.....

Wed, 02/27/2013 - 14:32 | 3282507 TheFourthStooge-ing
TheFourthStooge-ing's picture

Inthemix96 said:

Trust me mate,

I have no doubt whatsoever about your determination, not to mention your proficiency with a catapult (slingshot).

What many people forget is that all it takes to obtain a firearm, even in Royal Windsorstan, is to incapacitate someone who is already carrying one.

Slingshots, arrows, and other far less conventional items are capable of this.

We will be alright in the end.  We will see to this, its only a flesh wound.....

Agreed. And you're certainly not alone over there. For some reason the page below reminds me of your "screw the bastards" attitude. Some blighter took the original page down, but this archive still exists:

Wed, 02/27/2013 - 14:46 | 3282565 Inthemix96
Inthemix96's picture


It will be a glorious day when we all meet up and declare victory over these bastards who are either peodophiles, thieves, and liars.

We WILL be victorious my friend.  And it will give me more than a smile when one of her majestys finest comes at me while I put a quarter nay half inch ball bearing through his head, silently, or his heart.  We are indefatiguable friend.  We are legion.  We hold the hard card.

And on top of the lot stooge, they should have left my kids alone.  They didnt.  And as long as I have a hole in my arse, I will make it my personal endeavour to make sure they will.  Not every one is a shy away keyboard warrior.  The world is about to find out gloriously who isnt.  Godspeed mate.  Take care.

Wed, 02/27/2013 - 18:18 | 3283435 moriarty
moriarty's picture

Hey tha's my home town here on ZH

Wed, 02/27/2013 - 15:06 | 3282666 WillyGroper
WillyGroper's picture

Perhaps you could impart those skills to me. I do like the idea of ball bearings for ammo. Went to a gun show last month & didn't want to buy until I had shot it. Nice little Ruger. Can't buy it now as they're nowhere to be had. At least in the heart of Redneckistan. 

Wed, 02/27/2013 - 15:19 | 3282727 Inthemix96
Inthemix96's picture


Try and source a barnett "Diablo" catapult, absolutley the best bet for a "slingshot".  The "Black Widow" what they make is alright but not up to the right out power of a diablo.

I can myself hit a coke can, with up to a half inch ball bearing at at least 50 yards.  And trust me on this, these things make no noise, none at all.  To top it off, its great fun "getting your eye in" using them.  Watch out for riquoche mind, quarter inch is big enough, half inch will kill you.

And try power bands on them, that takes the silent shot nearly 70 yards, in straight line.  Its all us Englishers like me use.  For rats of course.....

:-)........         Take care mate.

Wed, 02/27/2013 - 16:39 | 3283106 Angus McHugepenis
Angus McHugepenis's picture

Inthemix96: Something you may be interested in. Convert your catapult into a dual use slingshot / slingbow that also fires arrows quite accurately and silently:

Here in Canuckistan I used to have all the firearm & hunting licenses back in the 80's but let them lapse due to not using them. I never did like the idea of "registering" guns or "begging" the .gov for a license to hunt (or to cathch a fucking fish for Khrist Sake). These days I just buy various Co2 & pump pellet guns that don't require any license. My latest purchase was a pretty good quality replica Colt Python 357 Co2 with nice holster and 4 - 10 round mags included for a mere $80. Pellet guns ain't the real thing but they still hurt like fuck and can ruin your day if you get shot with one.

Cheers from the colonies mate!

Wed, 02/27/2013 - 17:12 | 3283233 Inthemix96
Inthemix96's picture

Cheers angus.

Wilco mate, thanks.

He who laughs last, laughs loudest, and all that jazz.

Keep on keeping on mate.  I will be alright mate, I know I will, they wont, Cunts.

Take care, I say it a lot but I mean it. :-)

Wed, 02/27/2013 - 14:21 | 3282464 Rogue Trooper
Rogue Trooper's picture

Brother, enough of us are feeling exactly the same. This global circle jerk is gonna get fuckin ugly.... 

Inthemex96 you bring a pair of real cheap Chicom pliers (Globalisation Irony) I fancy using a good old Oxy-Acetylene touch... real slow. Get Medieval on their arses.

3% is all it will take...



Wed, 02/27/2013 - 14:30 | 3282493 Inthemix96
Inthemix96's picture

Rogue Trooper,

I am right at your side mate.

I personally have had enough.  I have two children, 16 and 12.  I may have been an ignorant cunt, a bit slow, a bit fucking naive, but the buck stops with me, they should leave me and my kids alone.

They didnt, and if it has anything to with me, they will.

Its going to take people like you and me to bring this game to its final and inevitable conclusion.

And you know what?  I fucking cannot wait friend.  They started it, us fucking citizens will finish it.  Game on mate.  Lets give these fuckers war

Wed, 02/27/2013 - 14:50 | 3282562 Rogue Trooper
Rogue Trooper's picture

True mate, many here will have a similar story.

Could be wrong but if you are in the UK... you can still get a bolt action (get a 308), a shot gun or even a .22 rimfire.  All good in the right hands. Will be a nightmare with the rules and red tape but it can be done.... then you practice.

Went the SHFT you will be able to pick up some better toys at her Majesties local army base... An L85A2 is not exactly an M1A but hey you cannot be too fussy LOL!

ZH rocks and we come from all over the world.  I better put some Iron Maiden on in the car later.  Weekend Warrior seems appropriate ;)

Hmmm, thinking about this further.... "Out in the Fields" would be a better tune? ;)

Wed, 02/27/2013 - 14:53 | 3282597 Inthemix96
Inthemix96's picture

We are inherantley inventive over here rouge.

I have a not rigged up mains tazer running 240 volts with a 50 foot cord.  Guns in my opinion (its the way we are here as we cant get them) are to personal.  If I want to hurt you, if you hurt me, I want the pain to linger mate.

Us limeys are not soft mate, far from it.  I would have bernank screaming for his mother in 5 minutes.

I only have to do this to mark carney or merv the swerve now.

Or people like me will....                   Take care mate.

Wed, 02/27/2013 - 19:22 | 3283672 medium giraffe
medium giraffe's picture

And there I was thinking everyone here in the UK was sound asleep.  You Gents give me hope.  Not long before the UK ignites now, getting all of my preparations in order:

Whiskey - Check.

2 by 4 - Check.

Rope - Check.

Mass protests in Bulgaria, France, Spain, Greece, Canada.  It's coming.....


Wed, 02/27/2013 - 14:02 | 3282387 Winston Churchill
Winston Churchill's picture

Having spent just a couple of days once in a Greek jail,I can assure

you that the conditions were terrible.That was back when they had

money for food and facilities.I can barely concieve of what they must be like now.

The life sentence will be short and painfull.Justly deserved to boot.

Wed, 02/27/2013 - 14:06 | 3282404 Edward Fiatski
Edward Fiatski's picture

Do tell. :)

Wed, 02/27/2013 - 14:14 | 3282435 Winston Churchill
Winston Churchill's picture

Charged with smuggling.

I was, but not the items in the charge.

Hole in the floor bathroom,moldy food,once a day,and your back needed

to be against the wall at all times.Not called Greek style for nothing.

Was aquitted.

Wed, 02/27/2013 - 15:38 | 3282837 MagicHandPuppet
MagicHandPuppet's picture

The thought of that made my sphincter hurt. Yikes!

Wed, 02/27/2013 - 14:05 | 3282400 Reptil
Reptil's picture

This is a sign that the situation is getting precarious in Greece. Otherwise they'd never shove "one of their own" under the bus.

Wed, 02/27/2013 - 15:12 | 3282698 dogbreath
dogbreath's picture

I was thinking along the same lines that he forgot to pay someone.  now he'll pay to stay out

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