Ding Qingping, who built his fortune on real estate, has been extradited from Spain to China, where he is wanted for fraud totalling more than 200 million yuan (HK$243 million), mainland media reported yesterday.
Ding fled China with his wife seven years ago, leaving behind huge debts and an unfinished high-rise in Zhejiang province, the Qianjiang Evening News reported, citing police sources.
The couple went to Canada before settling down in Spain, according to the report.