Chinese billionaire Liu Qiangdong was arrested in Minneapolis on suspicion of criminal sexual conduct, jail records show. He was released pending possible criminal charges.
JD.com, the main rival to Alibaba Group, said in a statement on the Chinese social media site Weibo that Liu was falsely accused while in the U.S. on a business trip, but the police investigators found no misconduct.
Liu recently tried to distance himself from a sexual assault allegations against a guest at a 2015 party at Liu's penthouse in Australia. Liu was not charged or accused of wrongdoing, but Australian media reported he tried unsuccessfully to get a court to prevent the release of his name in that case. The guest was convicted.
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