Simon Aykut Pleads Guilty to 40 Charges
Israeli property developer Simon Aykut pleaded guilty to 40 charges related to developing and selling €43 million worth of property on Greek Cypriot land in the north.
- Initial charges: 242
- Charges pleaded guilty to: 40
- Charges withdrawn: 202
The plea was entered after a deal between the prosecution and the defence, with charges including “fraudulent real estate transactions”, possession of stolen land, money laundering, and conspiracy to commit a crime.
Simon Aykut faces charges for developing and selling property on disputed land.
Author's summary: Aykut pleads guilty to 40 charges in property scandal.