LeEco Founder blacklisted in China over unpaid debts
Chinese technology startup LeEco's Founder Jia Yueting has been placed on an official blacklist of debt defaulters after failing to comply with a court order. Yueting was ordered to pay about $71 million to investment firm Ping An Securities Group. Earlier in July, a Shanghai court froze $180 million in assets owned by Yueting, his wife, and LeEco's three subsidiaries.