LeEco CEO in the official blacklist in China due to debts


leeco ceo Jia Yueting

There are bad news for LeEco and its founder. Today's news comes from to Reuters, known portal of the sector, and it reveals us that Jia Yueting, the CEO of the Asian company, has been included in the official blacklist on the Chinese market. This is because of the huge debts matured in recent times and that have forced the company to withdraw from the mobile landscape and beyond.

LeEco: the CEO is in China's debt blacklist

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This means that the personal data of Jia Yueting are now on the official website of the debtors in China. This is due to a nonpayment of the last December 11 against the Asian financial group Ping An Securities Group Ltd. This payment amounted to 470 million yuan, about 60 million euro. evidently the sale of its headquarters in Beijing it was not successful or was not enough to cover this hole.

However, talking about Mr. Yueting as the CEO of LeEco is not properly correct. Last JulyIn fact, the same had stated that the debts would be paid, but then resign from the company positions. If this were not enough, even the phantom project with Faraday Future he has stranded in nothing, with the CEO of the car company he has announced of do not have any legal relationship with LeEco.

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