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 

Share:

KEEP UP TO DATE WITH TGH

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

Latest News

Elfa Moraitakis included among the most powerful people in Western Sydney

Elfa Moraitakis has been named among the most powerful people in Western Sydney in The Daily Telegraph’s list.

Chicago family returns ancient Greek artefacts to Greece

Five ancient Greek artefacts spanning from the 6th century BC to the Roman period have been returned to Greece by a family from Chicago.

Kefalonia beach voted as the second best beach in the world

Fteri Beach has been ranked the second most spectacular beach in the world for 2026 in the annual World’s 50 Beaches list.

Frank Alexopoulos says leaving construction job transformed his approach to fatherhood

Frank Alexopoulos says a call to Lifeline during a difficult period in his life transformed the way he approached fatherhood.

Cyprus records highest prison overcrowding rate in EU

Cyprus has recorded the highest prison overcrowding rate in the European Union, according to new data released by Eurostat.

You May Also Like

Zisis Dardalis: Remembering the Melbourne businessman and philanthropist

Zisis Dardalis (Tsaousis) passed away on Friday at the age of 85 after a battle with dementia for at least the last ten years.

18-year-old admits assault of police officer during volleyball clash

An 18-year-old confessed to assaulting a police officer during a volleyball match between Olympiakos and Panathinaikos in Rentis, Piraeus.

Sydney Olympic FC five-star display crushes SD Raiders FC

Sydney Olympic produced a commanding 5-1 victory over newly promoted SD Raiders FC in Round 2 of the NPL Men’s NSW.