BUSINESS
11/15/2009 05:12 am ET Updated May 25, 2011

PHOTOS: See The Malibu Beach Home An Ex-Wells Fargo Exec Foreclosed On And Partied In

You can say this for Cheronda Guyton, the recently fired Wells Fargo exec who foreclosed on - and then partied in - a Malibu home: he certainly has good taste.

As you can see below, the $12 million beach side mansion is rather breathtaking.

As the AP reported: "The previous homeowners, Lawrence and Linda Elins, turned over the 3,800-square-foot house to Wells Fargo in May. Their real estate agent said they were financially devastated by Bernard Madoff's fraud scheme and had to sign the property over to Wells Fargo to help pay a larger debt."

Check out the PHOTOS, which are courtesy of Irene Dazzan-Palmer Of Coldwell banker (www.IreneDazzan-Palmer.com)

PHOTO GALLERY
HuffPost
BEFORE YOU GO
Wells Fargo Exec Foreclosed On - And Partied In - This $12 Million Malibu Mansion
PHOTO GALLERY
Wells Fargo Exec Foreclosed On - And Partied In - This $12 Million Malibu Mansion




Get HuffPost Business On Facebook and Twitter!