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The Chinese billionaire arrested in Minneapolis for the alleged sexual misconduct

The Chinese billionaire Liu Qiangdong, also known as Richard Liu, the founder of the Beijing-based e-commerce site JD.com arrested in Minneapolis on suspicion of criminal sexual conduct, jail records show.

(Hennepin County Sheriff’s Office via AP)

The Chinese billionaire Liu Qiangdong, also known as Richard Liu, was arrested in Minneapolis on Friday night on suspicion of criminal sexual conduct, jail records showed.

Liu, 45, the founder of the Beijing-based e-commerce site JD.com released on Saturday afternoon in anticipation of potential criminal prosecution, Hennepin County Jail records showed. The prison records is not the details of the alleged incident.

Minneapolis police spokesman John Elder said Sunday that he could not provide any details because the investigation is considered active. He refused to say where in Minneapolis that Liu was arrested, or what Liu was accused of doing.

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Minnesota law defines five degrees of criminal sexual misconduct, ranging from a gross misdemeanor to crime, and that a wide range of behavior, ranging from nonconsensual touching to violent attacks with injury. The prison records for Liu not indicate to what extent.

JD.com said in a statement on Sunday on social media that Liu was falsely accused, while in the US on a business trip, but the police investigators found no error and that he would continue his trip as planned.

“We take the necessary legal steps against bogus reports, or rumors,” the company said.

JD.com China is the second largest e-commerce company after Alibaba. In June, Google said it would invest $550 million in JD.com.

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The arrest comes after Liu recently tried to walk away from a sexual assault accusation against a guest in 2015, a party to Liu ‘ s penthouse in Australia. Liu is not charged or accused of misconduct, but the Australian media reported that he tried unsuccessfully to get a judge to prevent the release of his name in that case. The guest was convicted.

The New York Times reported Liu has returned to China, where he has become the talk of the nation. His mugshot was said to be plastered across Chinese news sites on the internet, and social media pages. The Times reported many in the Chinese view the self-made tech moguls as “rock stars.” Liu grew up in a poor part of the east of China to attend the prestigious Renmin University in Beijing. He is worth an estimated $7.3 billion, CBS News reported.

The Associated Press contributed to this report.

Kathleen Joyce is a breaking/trending news producer for FoxNews.com. You can follow her via @Kathleen_Joyce8 on Twitter.

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