https://wccftech.com/fincera-peer-to-peer-63-drop-detention/

Fincera Chief Executive Officer Li Yonghui inside the the Kaiyuan Finance Center.

Peer-to-peer lending platform Fincera Inc's troubles just got worse today after police in China's Shijiazhuang city announced that they have detained the company's chief executive officer and chairman Mr. Li Yonghui. The company is listed on the New York Stock Exchange and is an online financing and e-commerce service provider for business. The move comes after the company was targetted by regulatory authorities in August who asked it to stop its peer-to-peer operations in the Hebei province.