Westpac

Sydney businessman Bill Papas is missing after fraud allegations worth millions emerged from Westpac

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High-flying Sydney soccer figure at centre of alleged $200million scam VANISHES amid fraud investigation – in eerily similar circumstances to Melissa Caddick Bill Papas disappeared after he was accused of $254.5 million fraud Discrepancies were raised leading to the funding of multiple contracts  After missing a bank interrogation, Mr Papas has ‘not been contactable or … Read more

Westpac is ordered to pay $1.3billion for breaching anti-money laundering rules

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Westpac has agreed to pay a record $1.3billion fine for breaching anti-money laundering rules – and enabling the funding of child exploitation and potentially terror activities. Australia’s second biggest bank has told the Australian Securities Exchange it had reached an agreement with AUSTRAC, the federal government agency charged with tackling organised crime. Westpac has admitted … Read more