FILE PHOTO: Li Yonghui, chairman of Hebei province's largest peer-to-peer lender Fincera, speaks to members of the media following a promotional event in Beijing, China August 21, 2019. REUTERS/Cheng Leng
BEIJING - Chinese police on Friday detained the chairman and chief executive officer of New York-listed Fincera Inc for suspected financial crime. Li Yonghui, a Canadian national, is suspected of illegal acceptance of public funds, Shijiazhuang police in northern Hebei said in a post on its official social media account.
Police said they also detained Fincera’s legal representative Shen Hui and several other people. The company did not answer phone calls from Reuters seeking comment. Fincera, once the largest peer-to-peer lending platform in Hebei province by loans, was caught in a regulatory crackdown of the country’s P2P firms and forced to close, according to documents acquired by Reuters in August.
Same plot played by CCP again and again
CatBus2D They will be 'disappeared' and then reappear in front of the camera to state 'sorry China, I am wrong'. It is the common tactics China CCP use.
daydreamhares It's not detained, it's kidnapped that they have to pay to ccp for remove the criminal
Very honored that China's small action can be on the news.
Other countries have no other criminals in other countries?
We’ll see him pledge guilty soon - not in the courtroom, but in a typical “confession” video shown on state TV.
And Trump is so proud and happy about his relationship with China?
Brilliant. Knowing how 'tough' realDonaldTrump is on China he'll probably send few more CEO'S to get detained in China to please his Xi boyfriend
A Canadian arrested for “suspected illegal acceptance of fund”.... what a coincident of timing.
Trade deal is going well! 😂
I'd like to see what 'Mr. President' says about this.
👀
When will trump travel to China?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Universal’s Eagle Rock Entertainment Hires BBC Kids Boss Alice Webb As CEOUniversal Music Group’s TV production company Eagle Rock Entertainment has hired BBC children’s director Alice Webb as its new chief executive. Webb has worked at the BBC for 15 years, …
Source: DEADLINE - 🏆 109. / 63 Read more »
Bridgewater co-CEO Eileen Murray is planning on working after leaving - Business InsiderOutgoing Bridgewater co-CEO Eileen Murray explains how she smashed the hedge fund world's glass ceiling and why her biggest early-career mistake was not asking for help
Source: BusinessInsider - 🏆 729. / 51 Read more »
Carlyle Group co-CEO says there will 'probably not' be a recession in 2020Carlyle Group co-CEO Kewsong Lee said he is hopeful for a phase one trade deal but 'there are lots of structural issues' as the U.S. and China learn how to coexist. Susan Miller from AstrologyZone says the same thing!
Source: CNBC - 🏆 12. / 72 Read more »
Watch CNBC's full interview with The Carlyle Group co-CEO Kewsong Lee“My confidence level isn’t as high as it was a year ago, but I do think there’s still enough positive momentum, especially from the consumer sector to not see a recession,” Carlyle Group co-CEO Kewsong Lee said earlier today on the economic outlook.
Source: CNBC - 🏆 12. / 72 Read more »
Parenting Benefits Startup Cleo Names New CEO After Five-Month SearchCleo named Sarahjane Sacchetti its new CEO. Its cofounder and former CEO, Shannon Spanhake, had stepped down following a Forbes investigation into her and the company's culture.
Source: Forbes - 🏆 394. / 53 Read more »
There's no better time to invest in cannabis, says Acreage CEO Kevin Murphy“Today we’re in a 2008 event for cannabis. But we know that there was a 2009, 2010, 2011.” Acreage Holdings CEO Kevin Murphy discusses the state of the marijuana industry and what’s ahead for 2020. ALPP chart looking beautiful 🚀🚀🚀📈 Step 1 toward federal legalization: Get the former Speaker of the House SpeakerBoehner on the payroll. Check. Step 2: Hope everyone forgets that said Speaker spent his entire career putting low level drug offenders in jail. What a racket. I am the owner of an apartment in NYC. The apartment has been rented by Acreage Holdings and as of today May 6th 2020 nobody is answering my emails and the rent has not being paid The lease was signed by the CEO of the company Kevin Murphy, thus liable for the rent. Please pay!!!
Source: CNBC - 🏆 12. / 72 Read more »