The lavish-living director who built a billion-dollar building empire and then oversaw one of Australia’s biggest construction collapses is facing bankruptcy as he’s chased by the ATO.
Kathleen Skene follow 3 min read April 30, 2025 - 12:00AM
The Australian Business Network
He moved states and changed his name after being declared bankrupt, only to build a billon-dollar building empire under the noses of regulators.
Now, after overseeing one of Australia’s worst construction group collapses, Danny Isaac is again facing bankruptcy.
The tax office is seeking to bankrupt Mr Isaac, whose Descon Group collapsed last year owing hundreds of millions and leaving a slew of unfinished projects, over personal tax debt and penalty notices totalling $12.1m
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