Man accused of owing millions to Australian tax authorities found living the high life in NZ - News Summed Up

Man accused of owing millions to Australian tax authorities found living the high life in NZ


Hightrade boss Li Zhang has been arrested after being on the run for almost a decade. Hightrade boss Li Zhang appeared at the Auckland District Court on Thursday after he was found living in a high-end rental property in Dairy Flat, north of Auckland. In 2017, one of Zhang's co-defendants, Song (Peter) Chang, was sentenced to five-and-a-half years in prison by Sydney District Court Judge Robyn Tupman for tax fraud. According to the Sydney Morning Herald, Zhang owned Hightrade, a Chinese construction company that was behind a golf course and resort development called Resort Hunter Valley. The Dairy Flat rental property where New Zealand police arrested Zhang has a CV of $3.15 million, according to council property values.


Source: Stuff April 13, 2019 17:00 UTC



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