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Sydney home of international fugitive hits market for $9m

Lucy Macken

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The Mosman residence of international fugitive Michael Menghong Gu hit the market on Wednesday for $9 million, marking the start of one of this year’s most anticipated sales campaigns.

Gu fled Australia in late July just weeks after his property empire iProsperity collapsed with debts mounting to as much as $350 million, earning him the moniker of “the new Christopher Skase”.

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    Original URL: https://www.afr.com/property/residential/sydney-home-of-international-fugitive-hits-market-for-9m-20201029-p569l1