Sentences with phrase «personal assets frozen»

He was recently named to a nationwide debtor blacklist there, had more of his personal assets frozen, and was ordered to return to China by local regulators, all because of the financial failures of his company, LeEco.

Not exact matches

Although a civil agency, their enforcement tools include civil penalties (fines), the power to go directly to federal court to freeze corporate and personal assets, obtain injunctions, and return money to victims.

Reports from the hearing said that U.S. District Judge David Godbey extended the freeze on Stanford's personal and corporate assets at least until March 12, and that lawyers seeking to have assets unfrozen were not allowed to speak.

For individuals or companies whose accounts or assets have been ordered frozen, the order may result in adverse financial and personal consequences in connection with disposal of assets, living expenses, negative publicity, and asset disclosure.

This summer, nearly $ 200 million of his personal assets were frozen by a court in his home country, and just last week Jia was placed on a nationwide «debtor blacklist» in China after defaulting on a $ 72 million debt that he owes to a Chinese securities group.