Sydney businessman Bill Papas is missing after fraud allegations worth millions ...

Sydney businessman Bill Papas is missing after fraud allegations worth millions ...
Sydney businessman Bill Papas is missing after fraud allegations worth millions ...
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 seen' Westpac says further investigation of Mr Papas' defense appears 'to be false'

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A soccer executive has disappeared without a trace while being investigated for fraud over multi-million dollar contracts.

Basile Papadimitriou, also known as Bill Papas, remains missing after allegations of a $200 million fraud were raised by Westpac mid-June. 

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The entrepreneur's vanishing act drew comparisons to Sydney businesswoman Melissa Caddick who vanished while being investigated by ASIC.

Caddick disappeared from her clifftop mansion on November 2 and her decomposing foot washed ashore on the south coast of NSW in late February.

Basile Papadimitriou, aka Bill Papas (pictured left) has vanished after millions of dollars of  fraud allegations emerged on behalf of Westpac

Basile Papadimitriou, aka Bill Papas (pictured left) has vanished after millions of dollars of  fraud allegations emerged on behalf of Westpac

Mr Papas' business Forum Finance, started in 2011, offers arranged lease financing from banks to its clients for office equipment, computers and software.

The banks then pay the funds to an entity, subsequently receiving regular lease payments.

Forum Finance clients included Findex, HWL Ebsworth, the Cerebral Palsy Alliance, Smart Group, and Channel Seven-owned WesTrac.

Westpac discovered the alleged fraud leading to an investigation when Westrac, applied for finance for office

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