ZACD sues to recoup $21.3M allegedly misappropriated by iProsperity
iProsperity founder Michael Gu
KPMG 2022-08-12 11:40 pm By Cat Fredenburgh
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Singapore-based real estate investment firm ZACD Group has filed a lawsuit seeking to recoup $21.3 million from defunct property group iProsperity and its missing founder Michael Gu, who fled the country in 2020 amid findings the company misappropriated millions in investor funds.

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