Forum directors funnelled millions to buy luxury cars, jewellery and racehorses, court told

Financial Services 2021-08-11 7:11 pm By Miklos Bolza | Sydney

Westpac has released further details of its fraud claim against Bill Papas, founder of the Forum Group of Companies, painting a picture of an elaborate scheme to misappropriate $254 million to buy real estate, jewellery, luxury cars, racehorses and European football teams.