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How did Georges Marciano end up bankrupt?

Updated: 8/20/2019
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10y ago

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All the international property gossips' tongues have been wagging this week over the Beverly Hills (CA) estate of legally and financially embattled businessman Georges Marciano popping up on the open market as part of a bankruptcy sale with an asking price of $24,500,000.

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Q: How did Georges Marciano end up bankrupt?
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