Christopher Convey News Today

Francis Holland School named its theatre after Achilleas Kallakis following his £250,000 gift, which he made prior to his conviction in 2013.

A disgraced property tycoon must hand over £92,500 after a donation he made to a girls’ independent school near Regent’s Park was returned.

Serial fraudster Achilleas Kallakis faces returning to jail for a year if he does not repay the cash given back to him by girls school Francis Holland, based next to Regents Park in London.

Achilleas Kallakis, 54, was jailed over a sophisticated five-year property and luxury yacht scam in 2013.

Francis Holland School, next to Londons Regents Park, removed the plaque and returned £92,500 after Achilleas Kallakis (pictured), 54, was jailed over a property and luxury yacht scam in 2013.

Achilleas Kallakis negotiated naming rights after £250,000 donation, court hears as SFO attempts to claw back money