Convicted Chinese Fraudster Guo Wengui Slashes Price of Manhattan Penthouse to $24 Million

Guo Wengui, a convicted Chinese fraudster who used the aliases Ho Wan Kwok and Miles Kwok, is trying to offload his Manhattan penthouse for a drastically reduced $24 million. The apartment, once valued at $86 million, was originally purchased for $67.5 million in 2015. A fire in the penthouse, which occurred while agents were still showing the property, has left it in poor condition, contributing to the significant price reduction.

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