Former Chinese tycoon, who fled to Canada then Spain with wife after 200-million-yuan fraud, extradited to China

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.

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