KUALA LUMPUR, April 10 -- Chinese national Deng Sheng is considering legal action after false claims went viral alleging that he was arrested and had his Lamborghini seized for driving without a licence.

"I reserve all my legal rights to take action against those who have harmed my name and reputation," Deng said in a statement today, hitting back at social media posts and news reports that he said had caused "serious damage" to his personal and professional life.

"It has affected my reputation, my business, and my personal life. People have been calling and asking about it non-stop," the statement read.

The 28-year-old, who clarified that he holds a valid international driving permit, said he was stopped during a roadblock in Kuala Lu...