• Kyodo

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A man was sentenced Wednesday to 11 years in prison over a 2017 fraudulent Tokyo land sale to a major Japanese home builder that caused it a loss of about ¥5.5 billion ($51 million).

Misao Kaminsukasu, 60, of the capital’s Minato Ward, was indicted on charges of conspiring with others to swindle Sekisui House Ltd. in a deal to sell a 2,000-square-meter plot of land in a top-rated location in Tokyo’s Shinagawa Ward between March and June in 2017.

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