A Long Island woman who gave her name as Stella Tsang was the winning bidder at today’s auction of a Chelsea condo that the U.S. Treasury Department seized after a former president of Taiwan pleaded guilty to money laundering.
Her final Continue reading
A property ensnared in an international money-laundering scandal to which a former president of Taiwan has pleaded guilty is to be auctioned this month by the U.S. Treasury Department.
The auction of the 1,1,78-sf luxury condo in Chelsea’s Onyx, at 261 W. 28th St., is scheduled for April 23.
According to the World Bank, which cites a U.S. Justice Department press release, the sale stems from a conviction by former Taiwan President Chen Shui-Ben and his wife for bribery, embezzlement and money laundering.
Alleging that the apartment Continue reading