New York (CNN Business)Minnesota prosecutors will not file sexual assault charges against Richard Liu, the billionaire CEO of Chinese e-commerce giant JD.com.
Liu, 45, had been arrested in Minnesota in late August
on suspicion of rape. He was let go without being charged and without having to pay bail. He returned to China soon after his release.
Hennepin County Attorney Mike Freeman said in a statement Friday that the months-long investigation by police and prosecutors found “profound evidentiary problems” that would have made it hard to build a criminal case.