A former Mizuho Bank employee was arrested Monday for allegedly drawing at least ¥12 million illegally from a customer's deposits and spending lavishly on bars and night clubs, police said.
Shinya Takagawa, 46, who was at the bank's branch office in Sagamihara, Kanagawa Prefecture, was already fired in December 2012 when his acts came to light after relatives of the victim, a woman in her 90s, complained to the bank.
Monday's arrest is based on a criminal complaint filed by Mizuho Bank in 2013.
According to the police, Takagawa changed the woman's "hanko" seal necessary for making bank transactions without her consent and withdrew a total of ¥12 million from her savings on three occasions between July and September 2012.
Takagawa then spent the money on high-class night clubs and other adult entertainment, the police said, adding they believe she may have been bilked out of even more money.