gatto fails to recover money

Underworld identity Mick Gatto has returned to Melbourne from Singapore, after failing to secure any money for investors in the collapsed stockbroking firm Opes Prime.

Investors are owed more than $500 million and Mr Gatto flew to Singapore earlier this week to try to recoup losses for a group of anonymous clients.

Despite not coming home with the money, he says the trip was still worthwhile.

"It sped the process up," he said.

"The receivers and all that pounced and everything so, thought we were going to get it so, it's helped, it's helped the investors, put it that way.

"But we didn't uncover the millions or the money that we thought we would."

Dave R.