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A 70-year-old publisher was arrested August 4 for allegedly attempting to extort cash from Dai-Ichi Kangyo Bank after it canceled all subscriptions to magazines and other publications — common sources of income for “sokaiya” corporate extortionists, police said.

DKB, three long-term credit banks and nine other major city banks caught in a recent sokaiya scandal submitted to the Metropolitan Police Department last month letters promising to cut off ties with sokaiya and other underworld organizations. The banks have announced the cancellation of subscriptions to publications that may be related to crime organizations, and the MDP has begun to act against retaliation by these groups.

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