While Wu Yi Fan is serving time in prison, his property is being sold by a third party.
On June 11th, QQ reported that Wu Yi Fan’s luxury home in Huangpu, Shanghai was sold after 7 days at the price of 115 million CNY (16.1 million USD). Previously, the apartment was sold on the real estate market with a list price of 128 million CNY (17.9 million USD).
It is said that the apartment has an area of 406 m2 and is furnished with modern furniture. The residence overlooks the street of Huangpu. The place is also near Shanghai Port and Lujiazui.
According to Sina, Wu Yi Fan asked a third person to sell the apartment for him. This is only a small amount of property owned by the former star. He sold the place to gain money to pay taxes and compensate his former business partners.
At the end of last year, Beijing Municipal Tax Service announced a fine of 83.7 million USD against the former singer for tax evasion and under-reporting of performances, advertisements, and personal income. In addition, the 32-year-old singer is also liable to pay 600 million CNY ($84.1 million) in compensation for the brands affected by his scandals.
Wu Yi Fan is doing his time at the Chaoyang Prison in Beijing. According to the latest information, he has adapted to his new life. Currently, he is awaiting his next hearing. Wu Yi Fan appealed after receiving 13 years in prison. He will be deported from China after finishing his sentence.
Source: Zing News
