03/24/2011 04:55 pm ET Updated May 25, 2011

Curt Johnson, Wisconsin Billionaire, Charged With Sexual Assault Of A Child

Samuel Curtis Johnson III was formally charged today, March 24, with repeated sexual assault of a child. A judge released him on a $500,000 cash bond and Johnson was ordered to have no contact with the child or any other minor female child.

Johnson, who lives in Caledonia, is the billionaire son of the late Sam Johnson and is the former head of Sturtevant-based Diversey, Inc.

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