The 2000s saw a tidal wave of corporate scandals in which some of the world’s top business titans moved out of their palatial homes, ritzy ski lodges and vast ranches and checked into prison cells.
Enron, Tyco, WorldCom, Bernard L. Madoff Investment Securities—in these cases, executives bilked investors of billions through accounting fraud, conspiracy and insider trading. And part of the proceeds went into real estate.
What became of their mansions? We reached out to case lawyers, county tax offices, real-estate agents, new owners and the fallen executives themselves to ask what became of the properties caught up in the scandals.
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