Liu Qiangdon is not a household name in America, but he is well-known in China as one of the richest men in the country. Qiangdon is the original founder and CEO of JD.com, an e-commerce company, and he has an incredible net worth of over $10.8 billion.

While on a recent business trip in the United States, Qiangdon was arrested and accused of sexual misconduct. Police confronted the suspect at around 11:30 P.M. on August 31st with the allegations, and he was promptly arrested. According to the Hennepin County Sheriff’s Office, the suspect was quickly released the following day.

The allegations surrounding the 44-year-old technology executive are still under investigation, but JD.com has strongly suggested that Qiangdon has been falsely accused. Chinese media outlets have also taken the suspect’s side in these allegations. On Weibo, a Chinese social media website, JD.com explained they plan on taking the “necessary legal action against false reporting of rumors.”

The billionaire has since returned to China, but the investigation is ongoing. Chinese social media websites are astonished that the famous billionaire’s mugshot is considered ‘public information’ in America, and they were even more shocked to learn that the images have circulated around media outlets across the country.

JD.com is the most successful e-commerce site next to Alibaba, so this recent arrest has continued to fuel the company’s rivalry against each other. The fame of successful businessmen in China, such as the suspect, is akin to the level of attention political pundits receive in America, so this arrest has sent shockwaves across the country.