GUILTY: Shipowner torches own tanker, blames pirates, in $77m fraud case

PortandTerminal.com, October 8, 2019 “Mr Iliopoulos had a motive to want the vessel to be damaged by fire, namely, the making of a fraudulent claim for the total loss of the vessel in the sum of some US$77 million which, if successful, would solve the serious financial difficulties in which he and his companies were … Continue reading GUILTY: Shipowner torches own tanker, blames pirates, in $77m fraud case