Young Lee, the co-founder of Pinkerry Frozen Yogurt, was arrested at Los Angeles International Airport Tuesday as he returned from an overseas business trip, for allegedly viciously beating a homeless man, RadarOnline.com is reporting.

According to witnesses, who were able to provide cops with the license plate of the Range Rover Lee was driving, the homeless man was chased by the Korean businessman, and beaten, after he asked for money in Los Angeles on June 15, 2011.

The unidentified victim was allegedly beaten with a tire iron, and his injuries were serious enough that he had to be hospitalized.