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

Liberals pledge $40,000 for security upgrades at Red Hill Greek Orthodox church

Victorian Liberals have pledged to deliver $40,000 for CCTV and security upgrades at the Panagia Kamariani Greek Orthodox Parish in Red Hill.

Hit Netflix series ‘Emily in Paris’ heads to Greece for Season 6

'Emily in Paris' is heading to Greece for its sixth season, with filming expected to begin in May 2026. Read more here.

Court hears Jon Adgemis’ pub empire eyed for rescue months before collapse

Plans to revive the collapsed pub empire of Jon Adgemis were being explored months before his bankruptcy. Read more here.

Victoria targets fuel price gouging with new app crackdown

The Victorian government will “name and shame” petrol stations charging the highest fuel prices under a new update to its Servo Saver app.

US President Donald Trump deletes AI ‘Jesus’ image after backlash

Donald Trump has deleted a controversial AI-generated image depicting himself as Jesus Christ following backlash from religious leaders.

You May Also Like

Over ten Greeks and Cypriots among richest people in the world

Over 10 Greeks and Cypriots have been named in the Forbes World's Billionaires List 2022. Here is The Greek Herald's rundown.

Archbishop Makarios makes an official pastoral visit to South Australia

Archbishop Makarios has participated as a keynote speaker at the Youth Conference organised by the Central Youth of Adelaide.

Classical-era funerary monument restored to original site at Ellinikon

Shaped like the Greek letter “π” (Pi), the stone monument was initially removed by a team led by archaeologist Vassilios Petrakos.