Updated ,first published
Once arguably the biggest name in Melbourne’s property and construction world, Daniel Grollo’s financial unravelling has deepened after the scion filed for bankruptcy and his luxury New York penthouse was seized by an American bank.
Grollo, whose corporate empire, under the Grocon banner, was placed in administration in 2020 amid a messy dispute with the NSW government, also faces the prospect of investigation from Australian liquidators.
He managed to avoid liquidation of his Grocon businesses at the time, through a deal…