Faraday Future Boss Allegedly Created $75 Million Trust For Children With Company Money - Hallo friend Simple Car, In the article you read this time with the title Faraday Future Boss Allegedly Created $75 Million Trust For Children With Company Money, we have prepared well for this article you read and download the information therein. hopefully fill posts Items HALF OF USE, Items LATEST NEWS, Items MODIFICATION, Items NEW CARS, Items SPERPART, Items UNIQUE,we write this you can understand. Well, happy reading .

Title : Faraday Future Boss Allegedly Created $75 Million Trust For Children With Company Money
link : Faraday Future Boss Allegedly Created $75 Million Trust For Children With Company Money

Faraday Future Boss Allegedly Created $75 Million Trust For Children With Company Money

A software developer has accused Faraday Future boss and financier Jia Yueting of creating a $75 million trust fund for his children with company money.

The allegations were first reported by The Verge. Outspoken Washington-based software developer Gu Yingqiong publicly shared what he claims was a draft copy of a $75 million trust fund that the Chinese billionaire set up for his children with money from “Faraday Future’s coffers.”

Less than one month later, Yueting filed a lawsuit against Yingqiong, claiming that the allegations were false and that Yingqiong’s behavior is “a continuous and systematic effort by an individual to intimidate, harass, and defame a stranger over the internet.”

Yueting filed his lawsuit in California in October but it was dismissed due to a procedural issue. Shortly after, the tech billionaire filed for a temporary injunction in Washington and a libel lawsuit.

While Yingqiong’s allegations haven’t been independently verified, they do come at a particularly tumultuous time for the electric startup. In recent months, over half a dozen senior executives have left the company. Despite this, Faraday Future claims to have recently secured $1 billion in additional funding.

PHOTO GALLERY

thus Article Faraday Future Boss Allegedly Created $75 Million Trust For Children With Company Money

That is all articles Faraday Future Boss Allegedly Created $75 Million Trust For Children With Company Money This time, hopefully can provide benefits to all of you. Okay, see you in another article posting.

You now read the article Faraday Future Boss Allegedly Created $75 Million Trust For Children With Company Money with the link address https://simplecarday.blogspot.com/2017/12/faraday-future-boss-allegedly-created.html

Tweet

Subscribe to receive free email updates: