LAOS leader and wife arrested in massive e-EFKA fraud scheme
LAOS president Filippos Kambouris and his spouse were detained as alleged heads of a criminal organization that defrauded the e-EFKA system.
Filippos Kambouris, the president of the LAOS party, and his wife were taken into custody on charges of heading a criminal organization that stole from the e-EFKA pension fund. Their detention comes as part of a larger probe that previously exposed a massive fraud ring involving more than two hundred fictitious companies, some linked to celebrities and influencers, which evaded payroll contributions and abused tax mechanisms.
The earlier investigation, sparked by a whistleblower from the Financial Crimes Division, traced how these shell entities were used to shift debts onto unsuspecting citizens and public figures. Although e-EFKA created an Internal Investigation Unit in 2022, led by former senior prosecutor Georgios Gerakis, the new scheme allegedly persisted using the same methods. Prosecutors now allege that the Kambouris network also employed “ghost” persons to funnel illicit gains, prompting a criminal trial that also examines related tax evasion charges. The defense denies wrongdoing, characterising the allegations as ordinary business debts.
Why it matters
The case reveals deep flaws in Greece's pension fund oversight, exposing how political figures can exploit systemic gaps for personal gain.
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