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Police arrested a trio of former top Yamaichi Securities Co. executives Wednesday over an alleged coverup by the firm of some 260 billion yen in losses by window-dressing financial records, prosecutors said.

The three, who had been questioned earlier Wednesday, are former chairman of Yamaichi Tsugio Yukihira, 66, former president Atsuo Miki, 62, and former vice president Ryuji Shirai, 62. Their arrests came after a raid on Yamaichi’s Tokyo head office, Yukihira’s home, and other places earlier in the day.

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