Chinese billionaire and founder of the country's biggest online retailer JD.com, Richard Liu, was reportedly arrested by Minneapolis authorities over the weekend on suspicion of alleged sexual misconduct.
Liu was released late Sunday. JD.com later released a statement saying the CEO was questioned by the police in relation to an unsubstantiated accusation and upon determining that there was no substance to the claims against Liu, he was released, TechCrunch reported.
Even as the 45-year-old, who is worth nearly USD 8 billion, has been released, the investigation in the matter remains reportedly active.
In the past, Liu reportedly tried to keep himself away from a sexual assault conducted by one of his guests at his penthouse in Australia. The guest was found guilty of seven charges, including non-consensual sex.
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