China seizes LeEco founder's assets in pursuit of absent web mogul

China seizes LeEco founder's assets in pursuit of absent web mogul

Jia "YT" Yueting, chief executive officer of LeEco Global Group, stands for a photograph at the company's headquarters in San Jose, California, U.S., on Thursday, Oct. 13, 2016. Photographer: David Paul Morris/Bloomberg

A Chinese court has seized all the assets owned by LeEco founder Jia Yueting it could unearth, as the country’s legal bodies step up action against an internet entrepreneur who once declared war on Apple and Tesla Inc.

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