Tricolor founder, accused of fraud, finds buyer for $22M Miami Beach condo

by Grace McClung

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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