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Lessons from alleged $400m Papas fraud – The Australian Financial Review

While Forum Finance founder Bill Papas is in Greece recovering from COVID-19, bankers, administrators and the Federal Court are…

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Justice Michael Lee expressed a preliminary observation that Papas and Forum could be part of a long-running, calculated and elaborate fraud.
The information that has come out of the Federal Court has caused those banks with high credit-risk standards to…

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