A billionaire’s massive New Jersey mansion just took a $14 million price cut after its owner, Miles Guo, was convicted of a billion-dollar fraud. This 21-bedroom estate in Mahwah, once listed at $33 million, is now down to $19 million as authorities try to recover some of the $1.3 billion Guo funneled into his lavish lifestyle. Imagine spending $18 million just on renovations—including a million dollars on carpets! Now, the mansion and other luxury assets are being sold off. What do you think—should these extravagant purchases be auctioned to pay back victims? #RealEstate #NewJersey #Fraud
