Chinese Billionaire Arrested

Zhang Jin has been charged for illegal fundraising estimated at about $2.9 billion.

A Chinese tycoon wanted in China and closely tied to president Donald Trump's former political advisor Steve Bannon was arrested in New York Wednesday and charged with bilking some $1 billion from supporters of his anti-Beijing activities.

A billionaire Chinese property tycoon was formally arrested for suspected child molestation Wednesday, state media said, in a case that has sparked anger over attempts to censor the incident.

With the Chinese billionaire Richard Liu at her Minneapolis area apartment, a 21-year-old University of Minnesota student sent a WeChat message to a friend in the middle of the night. She wrote that Liu had forced her to have sex with him.

New revelations Wednesday that Minnesota police had arrested Chinese billionaire Richard Qiangdong Liu on suspicion of rape rather than assault has put renewed scrutiny on the high-profile case as stocks in JD.com, one of China's largest online retailers, plummeted.

JD.com CEO Richard Liu's lawyer said that the Chinese businessman has denied any wrongdoing and that he did not expect his client to be charged.

Chinese e-commerce billionaire Liu Qiangdong -- also known as Richard Liu -- was briefly arrested in the midwestern US city of Minneapolis over allegations of criminal sexual conduct, authorities said.

China has arrested Chinese-American billionaire blogger Charles Xue, who has attracted 12 million followers with his reform-minded comments, for suspected involvement in prostitution, police said Sunday, as Beijing steps up controls on web users.

Zhang Jin has been charged for illegal fundraising estimated at about $2.9 billion.

A Chinese tycoon wanted in China and closely tied to president Donald Trump's former political advisor Steve Bannon was arrested in New York Wednesday and charged with bilking some $1 billion from supporters of his anti-Beijing activities.

A billionaire Chinese property tycoon was formally arrested for suspected child molestation Wednesday, state media said, in a case that has sparked anger over attempts to censor the incident.

With the Chinese billionaire Richard Liu at her Minneapolis area apartment, a 21-year-old University of Minnesota student sent a WeChat message to a friend in the middle of the night. She wrote that Liu had forced her to have sex with him.

New revelations Wednesday that Minnesota police had arrested Chinese billionaire Richard Qiangdong Liu on suspicion of rape rather than assault has put renewed scrutiny on the high-profile case as stocks in JD.com, one of China's largest online retailers, plummeted.

JD.com CEO Richard Liu's lawyer said that the Chinese businessman has denied any wrongdoing and that he did not expect his client to be charged.

Chinese e-commerce billionaire Liu Qiangdong -- also known as Richard Liu -- was briefly arrested in the midwestern US city of Minneapolis over allegations of criminal sexual conduct, authorities said.

China has arrested Chinese-American billionaire blogger Charles Xue, who has attracted 12 million followers with his reform-minded comments, for suspected involvement in prostitution, police said Sunday, as Beijing steps up controls on web users.