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Greek Defense Minister Gets 8 Years For EUR100,000 Hidden Assets
Yet again, the Greeks are coming down hard in a very un-American manner, on the body politik's misbehavior. Following our comments last week on the life sentence for the Greek Mayor who embezzled EUR 17mm, eKatherimini reports, former Greek Defense Minister Akis Tsochatzopoulos has been sentenced to eight years in jail for failing to declare his assets properly over the last few years. While not on the same scale as the mayor's fraud, The ex-minister failed to declare 47,000 euros of assets in 2006, 33,000 in 2007 and 20,000 in 2008. The property has been seized and Akis is not allowed an appeal but the story doesn't end there for he also faces a separate trial for embezzlement of taxpayers' money.
Via ekathermini,
Former Defense Minister Akis Tsochatzopoulos was sentenced to eight years in jail and fined 520,000 euros on Monday.
Tsochatzopoulos appeared before a criminal appeals court in Athens charged with failing to declare his assets properly over the last few years.
He was found guilty of not filling in properly his derivation of wealth (pothen esches) forms between 2006 and 2009.
The ex-minister failed to declare 47,000 euros of assets in 2006, 33,000 in 2007 and 20,000 in 2008.
Also, he did not notify tax authorities that his wife Viki Stamati, also in custody, bought in 2009 the couple’s luxury home close to the Acropolis.
The court ordered that the property be seized. Judges also ruled that he cannot appeal his sentence.
Tsochatzopoulos faces a separate trial for the alleged embezzlement of taxpayers’ money when he was defense minister in the late 1990s and early part of the last decade.
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Bend over.
He looks like Boris Karloff.
Of course the Greeks can't afford to keep the prison open so....
It will be a wet dream before we start jailing bankers
In other news, Obama is golfing with Jamie Dimon
And Corzine.
Amazingly, Greece is bankrupt and the citizens without work and medicine, and yet Greece needs to own and maintain submarines and the worlds largest hovercraft military assault vehicle: http://www.youtube.com/watch?v=xOkrXimRnSc.
Want to bet that his bank cash started as Rubles?
Looks like a Hummer to me coming out of that hovercraft...was not all rubles...
Now THAT'S a Trojan horse.
Well they actually have a grand total of two of those beasts... not saying they really need them but probably not the worst money spent in Greece....
Bend Over
Too easy. That's already practiced there.
How do you seperate the "gays" from the "straight" people in Greece?
....with a crowbar.
and what is the difference between a faggot and a deep-freeze?
The freezer doesn't sqeak when you pull the meat out.
Charlie Rangel's lucky he aint greek..
He evidently hasn't the right connections.
ERRATUM
"Also, he did not notify tax authorities that his wife Viki Stamati, also in custody, bought in 2009 the Acropolis, close to the couple’s luxury home"
If he had been an American, he might be in line for the Treasury job.
Only criminals need apply:
Warren Buffett believes JPMorgan Chase CEO Jamie Dimon would be the best pick for Treasury secretary.
Nov 27, 2012
http://money.cnn.com/2012/11/27/news/economy/buffett-dimon-treasury-secr...
He should have used Turbo Tax.
We wouldn't have a single judge on the bench if the US upheld its courts to these standards.
This is why we buy guns and ammo and learn to tie linches.
100 k of assets hidden and he gets 8 y, is that a joke? If they applied the same law all over Europe they would lock up all those fuckers for life. What about US?
Why not just turn Europe into one big jail - the Germans could act as guards. Wait, I think they tried this before, once or twice...
ehmm... we are keeping our prison population stable since decades - some other countries aren't
...at the risk of appearing schoolmasterly: it's "for decades"
Cheers JS
As that greek comedian said awhile back, "Geeenius, geenious, geeenus!". We should take their example and bust a few more - even the lower level scapegoats would be a start, we've only done a couple of 'em and need to do a lot more. If we are too timid (we are) to start at the top, at least we can work up from where we are.
Have to be a little more creative in hiding assets than purchasing a luxury home next to the Acropolis.
Arrested for stupidity and lack of creative dispersment of assets
The days of low hanging fruit are over i guess
Whose ass didn't he kiss??
These are low level shleps being thrown to the lions
It will work....
Defense Minister is low level sheep? I'll say not, but there is indeed someone higher who wanted him to go down, that's for sure, either that or he simply failed to kiss enough ass and/or "Greece" enough palm.
Defense Minister yes, Former Defence Minister not so much
didn't pay his "doos"
Obuma wants us to be more like Europe? Of course he does and much more! So why won't his henchmen at The Department of Injustice/SEC follow their example and start prosecuting these criminals right here?
Because to follow that example all the way through would lead to every last one of 'em, including Obuma and Holder themselves, straight from the white house to the 'big house'.
I just see the word Holder in your post and my blood boils. I have not dispised the attorney general this much since john ashcan..... just had to vent
Right now I'm eating a turkey sandwich for lunch and the only thing that I can think of us .........Am I really eating turkey? Or is it something else?
A neighbor works at a cheese processing plant.... the stories he tells me, holy shit.
He's not a small fish, he's in the big league.
Don't forget that the house his wife bought (on the pedestrian road leading to the Acropolis and facing the monuments) is worth several millions.
The amounts mentioned are peanuts compared to the money that he had handled (a few tens of billions) but that is what could be proven without any doubt. There are still ongoing investigations for several offshore companies set up by his friends and relatives which siphoned tens of millions from the goverment's accounts.
The problem is that the total costs of the investigations and the trials (not to mention feeding him in prison which would make me sound petty and ommitting as well the productivity costs of millions of Greek people cursing and talking about him every day for years) are hardly recoverable even if they manage after many years to seize all his direct and indirect assets.
A wasted life or a life of waste from beginning to the end.
+10 good to hear information nearer the source, thanks
Simply put, there are NO politicians in big leagues unless they were already there before assuming office.
Besides, the idea that what's his name out ranks O'bummer is ridiculous (someone else NOT in the big leagues either).
He may have though himself a big fish, but as he's finding out, he was just the bait.
Too bad for that guy that Greece isn't as corrupt as 'Merica where he would have agreed to "pay" a fine while not admitting any guilt.
One can only hope some of that harshness is exported to American courts. There's only one problem. We would have to jail a large portion of the US population for tax evasion and cheating. [Monkey see monkey do.]
http://money.howstuffworks.com/only-53-percent-pay-income-tax.htm
If that is processed turkey you are eating, then it might later to be discovered to contain 40% traces of racoon/road kill.
Eight years in jail?
Have they built a jail on the beach at Glyfada?
There must be some mistake in this piece of news. The man is guilty of far more than just a 100,000 euros of undeclared income.
Either this is an error or the government and the judiciary are doing a snow job on the public.
This stinks to high heaven.
Agreed - regardless of what else he is suspected of, 8 years in jails for that conviction is ridiculous. And what is that bit about the sentence not being subject to appeal ?!
On the contrary, he was showing greeks the good example but no giving money to the corrupt government. Just like corporate insder buying and selling is an indication, here the filing (or not) by the govt officials is an indication of the corruption !!
The most surprising thing I learned from this story is that Greece has sufficient military that it requires oversight of a Defense minister. < /sarc >
OH, HELL YES!!!
A little over the top I think.
I mean if things were balanced, what would this imply for the honorable Mr corizine?
What a joke.
100K in Euros - that is fuck all.
Someone must have really, really pissed the wrong person off.
Shit I bet many, many here have more than that 'off the books'.
Only 100k euros????
My... my.. standards ARE slipping !
He shoulda opened a Cattle Futures Trading Acct with Hillary's broker...
Woulda been able to parley that measely 100k ("left -over" campaign-contribution Chump Change to anyone in Congress) into a cool 10million in no time.. and then declare the original 100k before anyone was the wiser
Geezzz... even with Hillary's 75% Of Profits "Referral Fee", he's still ahead of the game. Sucker.
Why only this guy?
There are tousands in Greece.
Nonone declares assets over 20000 eur.
Not even billionaires.
Because he was an explicit servant to the 'american' middle class aka We The People.
Indeed. Very un-american dealing of the situation.
In an 'american' society, you do not punish people for behaving the 'american' way.
Greeks should be on the look out.
Troika punishing military leaders.
<<<<>>>>. = approx. 800,000,000 euros !!!
Until a few Papas are hanging by the necks, it's just child's play.
A Greek Defense Minister who appears not to have profited from the 2 submarines order to Germany?
Akis Turassalotus.
And Corzine, Dimon, Blankfein, et al are free. This is a distraction.
in through the front door, just for the appearance' sake of justice, out through the back door. and the greeks are so dumb to buy it