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

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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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