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Deuss puts up $50m Florida ranch

Extradited businessman John Deuss has put his Florida ranch on the market at a cost of just under $50 million — three months after his glamorous three-masted yacht also went up for sale.

The multi-millionaire Dutch businessman, who is being questioned in his homeland in connection with an international tax scam, is asking for $49.5 million for Windsome Farms in Wellington.

Sotheby’s International Realty website describes it as a “peerless 123-acre equestrian estate property” which is the “crown jewel of Wellington horse country”.

Oil tycoon and banker Mr. Deuss, of Shore Lane, Tucker’s Town, returned voluntarily to Holland from Bermuda last October to allow Police there to quiz him about a complicated tax scam known as carousel fraud, allegedly involving his First Curacao International Bank (FCIB). He was arrested on arrival in Holland and held in custody for weeks before being released but denies any wrongdoing.

Jan Sjocrona, his lawyer in the Netherlands, told The Royal Gazette last week: “It pleases me to inform you that no court date has been set and that Mr. Deuss has not been charged. The case is merely ‘under investigation’. How long that investigation might take I don’t know yet.”

In December, his luxury yacht Fleurtje was put up for sale for $14.75 million.

It is still being advertised on the website of international yacht broker Edmiston.

Windsome Farms features a stable with more than 70 stalls imported from Holland and can accommodate 50 horses. The Sotheby’s website states: “Equestrians will enjoy a sensational Grand Prix field with water jumps, a quality dressage ring, two sand rings, extensive riding trails, 19 large paddocks.”

It says the property is in “impeccable condition” and includes two guest apartments, offices, an industrial laundry, facilities building and extensive garaging.

Horse lover and accomplished equestrian Mr. Deuss is the former chairman of Bermuda Commercial Bank (BCB), of which FCIB is the largest shareholder.

The tycoon is reported to have earned his millions through his skill in oil trading. In the 1970s, he struck a massive oil trade deal with the USSR and took shipment of a reputed $122 million-worth of Soviet oil. During the late 1970s and 1980s he made a fortune selling oil to South Africa despite an international trade embargo, and in the 1990s played a leading role in a $230 million deal between US oil company Chevron and the Kazakhstan Government.