• Kyodo News


Prosecutors began procedures Friday to distribute funds seized by Swiss authorities to victims of an illegal high-interest loan scam run by a group affiliated with the Yamaguchi-gumi yakuza syndicate.

The Tokyo District Public Prosecutor’s Office began accepting applications from victims after authorities in Zurich in May delivered about ¥2.9 billion they seized as unlawful profits by the group, called Goryokai, from a Credit Suisse bank account.

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