In June 2021, Westpac uncovered an alleged multi-million dollar fraud perpetrated by Sydney leasing company Forum Finance. Forum, led by Bill Papas, is accused of creating fake lease agreements for non-existent equipment, resulting in losses exceeding $500 million for Westpac and other banks. The case is nearing judgment in October 2024, with potential consequences for Forum-linked companies and individuals, including Papas who fled the country.
Tag: Bill Papas
Bill Papas’ Greek business partner says he knew nothing of the Forum Group founder’s alleged…
Unfortunately, no solution was found to the problems that Xanthi FC are facing, which led…
The owner of PAE Xanthi, Bill Papas, through the Australian company IUGIS, one of his…
Xanthi FC shares belonging to alleged Greek-Australian fraudster Bill Papas were frozen by Greek authorities,…
Alleged fraudster Greek Australia Bill Papas has been 'busted' shopping in the ritzy seaside suburb…
Forum Group chief executive Bill Papas will maintain his grip on Greek football team Xanthi…
Westpac has won approval from an Australian court to launch legal action in Greece to…
Alleged fraudster Bill Papas celebrated Christmas and the new year in Greece, evading arrest by…
Forum founder Bill Papas has appeared at his football team’s game on the weekend notwithstanding…
The Federal Court has issued an arrest warrant for alleged fraudster Bill Papas, which will…
Alleged fraudster Bill Papas diverted funds to Greek football club Xanthi from Australia via an…
Alleged fraudster and football heavyweight Bill Papas has emerged from hiding in Greece, appearing at…
Westpac has accused Forum Finance of forging staff signatures at French titan Veolia’s New Zealand…
Bill Papas, the Greek-Australian businessman at the centre of $400 million fraud allegations, has finally broken his silence after failing to meet multiple court deadlines.
Forum Group, the entity at the centre on an alleged $400 million fraud against Westpac,…
Doubt has been cast over the financial standing of Sydney Olympic FC, as it surfaces…
“I’ve made two orders, I don’t make orders on the basis that they can be treated like traffic lights in Athens, I want them complied with”, Justice Lee said.
CEO of Forum Finance and football personality Bill Papas, believed to be at the centre…
Federal Court judge Michael Lee has ordered Forum Finance, which is at the centre of…