Buddhist Temple 

Buddhist monk who bet temple on high-risk property empire saved by $8m cash payment

 

PHOTO:  Linh Son Buddhist Temple 

A Buddhist monk who bet the temple on a highly leveraged real estate portfolio has been saved by a last-minute $8 million cash payment from a mysterious benefactor.

Last week, a sign was erected on the entrance of the Linh Son Buddhist Society in Reservoir advising that it was under mortgagee possession with a series of creditors seeking to get their money back through legal action.

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