Company at centre of $400m Westpac fraud open for business

·

The company at the center of an alleged $400 million fraud against Westpac is looking for new customers and spruiking its services following an emergency sale to Bill Papas’ cousin Eric Constantinidis. 

The Sydney-based Forum Group company has sent six emails to prospective clients over the past two weeks to drum up business. 

The emails were sent while the company was going through mass layoffs and staff say they were stressed and owed large sums of money. 

The most recent email was sent last Friday and has been obtained by The Age and Sydney Morning Herald. 

“I’d love to have one of our office solution experts come out to see you and talk about the challenges your business is facing and the ways in which Forum can help make your business better,” the email says.

“Do you have a spare 30 minutes in the next week or so to have a chat about upgrading your office? Look forward to hearing from you.”

Earlier emails include now-removed blog articles published on the Forum Group website and a glowing customer review from Aston Advantage managing director Chantel Haskett. 

Ms Haskett did not respond to the Sydney Morning Herald’s request for comment. 

This is while other companies, such as a Sydney concrete company, try to distance themselves from the allegedly fraudulent company by removing their customer reviews. 

The Age and The Sydney Morning Herald has revealed Mr. Papas’ extensive international and domestic assets, including Audi racecars and Greek seaside properties. Mr. Papas, who was supposed to return to Australia to face the courts earlier this month, remains in Greece after his lawyer told the Federal Court he had contracted COVID-19. 

Meanwhile, a report filed by liquidators at McGrathNicol have managed to conduct brief interviews with Mr Papas and his business partner Mr. Tesoriero since being appointed as liquidators to the group. 

Source: Sydney Morning Herald 

Advertisement

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Advertisement

Latest News

Nikolas Hatzistergos: Guiding Bank of Sydney into its next era of growth

Newly appointed Chairman Nikolas Hatzistergos speaks about honouring Bank of Sydney’s Hellenic roots while leading it into a new era of growth

Mother’s Delite in Sydney closes after 20 years of home-cooked love

After two decades of serving up traditional Greek comfort food, Mother’s Delite in Bexley North, Sydney has officially closed its doors.

Greek Australians celebrated at the 15th Annual St George Community Awards

The spirit of community, culture and service took centre stage on Friday, 31 October, at the 15th Annual St George Community Awards.

Hellenic Club of Canberra’s Bistro enters final renovation phase

The Hellenic Club of Canberra has announced that the final stage of its Bistro renovations will commence on Wednesday, 5 November.

Oakleigh Glendi recognised in Parliament for cultural and community impact

Queensland Senator Paul Scarr has paid tribute in Federal Parliament to the organisers and community behind the 10th annual Oakleigh Glendi.

You May Also Like

St Demetrios Parish at St Marys celebrates Palm Sunday with community luncheon

The spirit of community and tradition was on full display at St Demetrios Greek Orthodox Church, St Marys on Sunday, April 13.

Greece, US expand defense deal

The NATO allies renewed their defence agreement for 5 years with the understanding that it'll remain in place indefinitely from then onward.

Basil Zempilas launches campaign to become Perth’s next Lord Mayor

Greek Australian radio host Basil Zempilas announced on his social media platforms that he will be running as Perth's next Lord Mayor.