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

Angelo Tsarouchas: ‘We need comedy now more than ever’

After decades on the road collecting strange, hilarious encounters across the globe, Angelo Tsarouchas has no shortage of stories.

Sydney Orthodox youth gather for blessing and message of hope from Archbishop

On Tuesday, His Eminence Archbishop Makarios of Australia met with young participants of the GO Youth Initiative in New South Wales.

‘Five Loaves’ charity program launched at Marrickville parish to help those in need

His Eminence Archbishop Makarios of Australia inaugurated the “Five Loaves” charitable program at the Parish of Saint Nicholas.

AHEPA Sydney & NSW High Tea raises $10,000 for cancer research

A fundraising High Tea event organised by Philanthropy - AHEPA Sydney & NSW over the weekend was a resounding success.

Eastlakes Public School Principal Anthia Psarras named Heffron Woman of the Year

Anthia Psarras, principal of Eastlakes Public School, has been named Heffron Woman of the Year for her leadership.

You May Also Like

Homeless refugees reject new camp on Lesvos, call for resettlement

Greek authorities are struggling to persuade refugees displaced by the Moria refugee camp fire to move to a new temporary site.

Cypriot community unites in South Australia to remember and resist, 51 years on

SEKA SA held a solemn wreath-laying ceremony on Sunday, July 20 to mark the 51st anniversary of the 1974 Turkish invasion of Cyprus.

Mathias Cormann makes it to final two candidates in OECD race as Greek contender withdraws

Mathias Cormann has made it to the final two candidates in the OECD race as Greek contender, Anna Diamantopoulou, withdraws.