Westpac alleges 100 fraudulent transactions by Forum, Bill Papas
Save Share Forum Group has been sold by voluntary administrators to a company run by a man described in the Federal Court as a cousin of Bill Papas. Eric Constantinidis is the sole director and shareholder of Our Kloud, the business which has bought Forum Group. Our Kloud has come up in court proceedings launched by Westpac against Forum Finance and Mr Papas. Our Kloud provided Forum computer servers, and Westpac had been unable to get access to them for days after it launched its legal action. Westpac alleges much of the money was used to buy racing cars, boats, jewellery and 94.4 per cent ...
Source: afr.com