Greek poker enthusiast and businessman Achilleas Kallakis has been convicted of defrauding lenders out of $1.18 billion, Bloomberg reported Wednesday.
He reportedly spent extravagantly on high-end items.
He has about $350,000 in career poker tournament earnings.
According to Bloomberg, the 44-year-old was known as “The Don” on the poker circuit.
Kallakis and a co-conspirator are awaiting sentencing.
