Tricolor founder, accused of fraud, finds buyer for $22M Miami Beach condo
Daniel Chu, a former auto-lending executive accused of orchestrating a yearslong fraud scheme that allegedly contributed to the company’s $1.9 billion collapse, has found a buyer for his Miami Beach condo, landing a contract at $21.9 million. Meanwhile, Danish tennis star Caroline Wozniacki and former NBA All-Star David Lee are also parting with their Miami Beach condo, finding a buyer for $18.9 million. The contracts are two of 16 that buyers signed between Nov. 2 and Nov. 8, according to the weekly report by Douglas Elliman’s Eklund-Gomes team. The report tracks all listings in Miami-Dade asking $4 million and above. […]This article originally appeared on The Real Deal. Click here to read the full story.
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