An Athens first instance court has ordered that liens be placed on properties owned by former insurance company executive Pavlos Psomiadis, the founder of the now defunct Aspis group of companies, following a motion filed by 147 Aspis Capital policy-holders.
The order extends to Psomiadis' spouse and daughter, as well as to any properties owned by the group.
The liens were ordered on properties up to the figure of 17 million euros, with affected real estate in various upscale districts of the greater Athens area, as well as Thessaloniki and the island of Mykonos.
Psomiadis and his two family members stand accused of felony fraud and money laundering charges, with the former remanded in custody pending trial.