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    Founder of troubled LeEco refuses to return to China

    by 
    Daniel Cooper
    Daniel Cooper
    01.02.2018

    The founder of LeEco has reportedly refused to return to China to answer questions about his company's perilous financial situation. Reuters believes that Jia Yueting, who was ordered to return to his homeland by China's Securities Regulatory Commission has opted to remain in the US. In a statement, the elusive figure said that he was focused on fundraising for the LeEco-affiliated Faraday Future and couldn't travel. Consequently, Jia sent his brother, Jia Yuemin, to report back to authorities.