Mortgage fraudster must pay £92k into school funds

Cara Delevingne’s former school in Chelsea has got a £92,500 cash windfall courtesy of Britain’s biggest ever mortgage fraudster. Achilleas Kallakis, 54, gave £250,000 to the £21,000 a year Francis Holland School his daughter attended and a theatre was named after his family. When the name was removed because of his criminal activity, his son Michalis took the school to court and won £92,500 in damages. Michalis argued that they had breached the terms of contract by removing a plaque…