Aug 27, 2013

Cambodia investment scams rising

The National Consumer Affairs Center of Japan and related bodies are warning of a rise in fraudulent investment schemes involving real estate in Cambodia, where economic growth is boosting foreign investment. The center received 1,312 inquiries between October 2011 and early this month from ...

May 17, 2013

MRI bows to FSA with vow to plan repayment

U.S.-based asset manager MRI International Inc., suspected of mishandling the funds of thousands of Japanese clients, responded to an order by the Financial Services Agency by promising investors a repayment plan. Japan’s financial watchdog delisted the asset manager in late April, while investigators from ...