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OSAKA — Prosecutors demanded a 15-year prison term July 7 for a female restaurateur over 274 billion yen in business crimes involving the now-defunct Toyo Shinkin Bank and other financial institutions during the bubble economy of the early 1990s.

Osaka restaurateur Nui Onoue, 67, is accused of breach of trust involving 95 billion yen and swindling 179 billion yen from financial institutions. In the session, held at the Osaka District Court, prosecutors said Onoue conspired with a Toyo Shinkin branch manager in 1990 and 1991 to falsify savings account certificates to indicate she had 416 billion yen deposited at the bank. She then allegedly defrauded the Industrial Bank of Japan out of 172.5 billion yen in stocks and discount bank debentures.

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