Cross-border gambling fugitive Su Jiangbo's 85 properties in London are set to be confiscated by the UK

WealthCoffee · 2026-04-01T00:02:26+00:00

The UK Crown Prosecution Service recently obtained a court order to seize 85 properties in London owned by fugitive Chinese national Su Jiangbo, valued at over £81 million, on suspicion of illegal funds used to purchase the properties. If no legitimate proof of funds is provided, the properties will be confiscated.

WealthCoffee

2026-04-01 00:02:26

Abstract generation in progress

[Caixin] Another Chinese fugitive’s large assets in London are reportedly set to be confiscated by the UK. The UK Crown Prosecution Service (CPS) has recently obtained an unexplained property investigation order and an interim freezing order from the High Court of England, with plans to confiscate 85 properties in London held by a Chinese national, valued at more than 81 million pounds sterling (about RMB 738 million).

The UK Crown Prosecution Service has not disclosed the person’s name, saying that this “Mr. X” is suspected of using illegally obtained funds to buy property in the UK. If he cannot prove, within three months, that the funds used to purchase the properties were sourced legally, these properties will be confiscated.

According to Caixin, this “Mr. X” is Su Jiangbo, a man from Fujian who is wanted by Chinese police.

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