LeEco chairman’s assets and shares frozen by Chinese court over unpaid debt

A Shanghai court has frozen assets and shares of LeEco chairman Jia Yueting due to unpaid debts, according to a latest report from the New York Times. The court has reportedly frozen 1.2 billion yuan ($180 million) in assets owned by co-founder Jia Yueting, his wife Gan Wei and three subsidiaries. The latest news comes months after … Continue reading "LeEco chairman’s assets and shares frozen by Chinese court over unpaid debt"

from Fone Arena http://ift.tt/2tHn0dX