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iProsperity scandal

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Michael Gu, a significant gambler at both Crown and The Star, and the chief executive of iProsperity, which collapsed owing millions.

Prominent Sydney corporate lawyer set to be grilled by Ponzi scheme investigators

Top lawyer John Landerer has described allegations by liquidators of collapsed property group iProsperity that he was a shadow director as “all bullshit”.

  • Nick McKenzie and Sarah Danckert

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iProsperity’s Michael Gu fled the country 18 months ago leaving millions of dollars in debt.

International fugitive kicks off 2022 prestige property play

Michael Menghong Gu fled the country 18 months ago but the trappings of his lavish lifestyle are still coming to light, only to be sold off by receivers.

  • Lucy Macken