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Westpac alleges football tycoon’s firm engaged in $200m fraud – The Australian Financial Review

An equipment hire company controlled by football fanatic Bill Papas is alleged to have defrauded Westpac out of $200 million.

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NSW Police, the Australian Securities and Investments Commission and the Australian Prudential Regulatory Authority had been notified, the bank said.
While Federal Court proceedings have been filed against Forum Finance, the companys sole director, Basile…

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