Chinese billionaire Liu Qiangdong, also known as Richard Liu, the founder of the Beijing-based e-commerce site JD. com, was arrested in Minneapolis on suspicion of criminal sexual conduct, jail records show. Liu, 45, was arrested late Friday night and released Saturday afternoon pending possible criminal charges, Hennepin County Jail records show. JD. com, the main rival to Alibaba Group, said in a statement posted Sunday on the Chinese social media site Weibo that Liu was falsely accused while in the U. S. on a business trip, but that police investigators found no misconduct and that he would continue his journey as planned.
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