Pair jailed over banks swindle

Two fraudsters who conspired to swindle banks of hundreds of millions of pounds have been jailed.

Achilleas Kallakis and Alexander Williams, both 44 and from London, tried to defraud Allied Irish Banks (AIB) out of £740 million and Bank of Scotland (BoS), as it was known, of 26 million euro (£22 million) between August 2003 and November 2008.
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