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

Panellists share journeys of resilience at The Greek Herald’s IWD event

A powerful and deeply personal panel discussion became one of the standout moments of 'Restoring Balance: Hellenic Women Leading Change'.

Stix Hellenic Taverna opens in Tempe bringing a taste of Greece to Sydney

Sydney’s Tempe became the epicentre of Greek authenticity as Stix Hellenic Taverna opened its doors for a special friends-and-family opening. Located within the Riverview Hotel precinct,...

Cyprus on the edge: Diaspora watches with growing anxiety

For Cyprus, the developments have revived painful memories and created widespread uncertainty about what the future may hold.

Hellenic women celebrated at The Greek Herald’s International Women’s Day event in Sydney

More than 230 guests gathered at The Grand Roxy in Sydney on Sunday for The Greek Herald’s International Women’s Day event

Moomba colour, controversy and Greek display as North Macedonian group withdraws

Debate over the Vergina Sun saw one cultural group withdraw from the Moomba Parade, but more than 1,800 performers still filled the streets.

You May Also Like

2023 Young Chef of the Year Nick Deligiannis leads new Mediterranean fare

“Growing up, I always looked at chefs as my idols,” Nick Deligiannis tells The Greek Herald. He was enamoured by culinary connoisseurs.

Akylas to represent Greece at Eurovision 2026

Akylas has won Greece’s revamped national final Sing For Greece 2026 with his song Ferto, earning the right to represent the country.

Greek family drama ‘170 Square Metres’ captivates Melbourne audiences

170 Square Meters (Moonwalk) is the latest production staged by the Creative Drama & Arts Coordinator Katerina Poutachidou.