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August 15, 2025
 

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FRAUD

Police officers escort Terraform Labs co-founder Do Kwon after he served a sentence for document forgery, in Podgorica, Montenegro, on March 23, 2024. Kwon was extradited to the U.S. last year and pleaded guilty to charges on Tuesday.
BUSINESS / Tech
Aug 13, 2025
Do Kwon pleads guilty to U.S. fraud charges in $40 billion crypto collapse
The South Korean entrepreneur faces over a decade in prison for misleading investors.
Reflecting a sharp rise in fraud cases involving offenders posing as police officers, the number of special fraud cases between January and June increased 50% from a year before, with the amount of damage shooting up by 2.6 times.
JAPAN / Crime & Legal
Aug 1, 2025
'Fake police' fraud cases surging in Japan
The amount of money swindled in such cases totaled ¥38.93 billion between January and June.
AI developer Alt, which recently disclosed accounting irregularities, has filed for bankruptcy protection under the civil rehabilitation law at the Tokyo District Court.
JAPAN
Jul 31, 2025
Japanese AI developer Alt goes bust after accounting fraud
Suspicions of accounting fraud surfaced at the company in April this year.
The Tokyo District Court on Tuesday sentenced Tomohiro Koyama, who is believed to be the third-highest-ranking member of the "JP Dragon" crime ring, to three years and six months in prison for fraud.
JAPAN / Crime & Legal
Jul 29, 2025
Senior 'JP Dragon' crime ring member jailed for 42 months
Tomohiro Koyama, 51, is believed to be the third-highest-ranking member of the ring comprising Japanese nationals.
The National Police Agency noted in a special section of its fiscal 2025 report that the spread of social media has made it easy for loosely organized crime groups to contact regular citizens and commit crimes.
JAPAN / Crime & Legal
Jul 29, 2025
NPA white paper highlights crimes surrounding social media
In 2024, the number of social media-linked investment and romance fraud cases police detected around the country exceeded 10,000, with victims defrauded of some ¥127.2 billion.
Tomonobu Kojima arrives at Tokyo's Haneda Airport in February 2023 after being deported from the Philippines.
JAPAN / Crime & Legal
Jul 23, 2025
Senior member of 'Luffy' crime ring gets 20 years in prison
Tomonobu Kojima, 47, was the first of the four indicted members of the group, whose members went by the nickname "Luffy," to receive a court ruling.
Samsung Electronics Chairman Jay Y. Lee arrives at a court in Seoul on Feb. 3.
BUSINESS / Companies
Jul 17, 2025
South Korea's top court clears Samsung chairman Lee in 2015 fraud case
The Supreme Court's verdict permanently removes a long-running legal distraction for Lee as Samsung plays catch-up in a global race to develop cutting-edge AI chips.
The Tokyo District Public Prosecutors Office.
JAPAN / Crime & Legal
Jul 15, 2025
23-year sentence sought for senior member of 'Luffy' crime ring
"The cases have led to many copycat crimes, and the defendant should be punished severely," prosecutors stressed.
Buildings inside the Golden Triangle Special Economic Zone along the Mekong river in the Bokeo province of Laos on May 26.
ASIA PACIFIC / Crime & Legal
Jul 15, 2025
'Las Vegas in Laos': the riverside city awash with crime
With the initial aim of attracting tourists with casinos and resorts, the Golden Triangle Special Economic Zone quickly became a center for money laundering and trafficking.
As crypto adoption grows and Bitcoin hits new highs, a surge in violent attacks, kidnappings and hacks targeting holders underscores the steep and often overlooked cost of being your own bank in a cashless world.
COMMENTARY / World
Jul 11, 2025
Crypto crime is the future. Bank heists are history.
Banks are no longer easy or juicy targets for robbers, with heists down more than 80% since the 1990s as branches close and piles of cash hoarded in safes become a rarity.
A video by the National Police Agency warns about fake scams.
JAPAN / Crime & Legal
Jul 8, 2025
Scams involving police impersonation surge
Victims lost over ¥30 billion to such fraud cases in the first five months of 2025.
Every year, an amount equivalent to roughly 15% of the world's economy flows through Visa's networks, and bad actors are constantly trying to siphon off some of that.
BUSINESS / Tech
Jul 7, 2025
Visa's 24/7 war room takes on global cybercriminals
The payments giant has invested $12 billion over the past five years building artificial intelligence-powered cyber fraud detection capabilities.
Donald Trump addresses the Bitcoin Conference in Nashville, Tennessee, in July last year.
WORLD / Politics
Jul 6, 2025
Cashing in on his comeback, Trump rescues frail finances
Contrary to the president’s assertions, records filed in a fraud case against him suggest that his riches were not the product of a steady and strong empire.
Tomonobu Kojima, admitted his involvement in the "Luffy" cases at the first hearing of his trial at Tokyo District Court on Tuesday.
JAPAN / Crime & Legal
Jul 2, 2025
Senior member of 'Luffy' crime ring pleads guilty at hearing
Tomonobu Kojima, 47, said, "There is no mistake" regarding his charges of aiding robberies and committing fraud.
Police arrested two Nepalese men living in Tokyo for allegedly contacting a woman via social media pretending to be Shohei Ohtani and swindling money out of her.
JAPAN / Crime & Legal
Jun 25, 2025
Nepalese men posing as Ohtani arrested over fraud charges
Two suspects, both living in Tokyo's Adachi Ward, are believed to have swindled ¥1 million from a woman in Tokyo in early to mid-November last year.
ASIA PACIFIC
Jun 25, 2025
Foreigners rescued from scam centers still stuck along Thai-Myanmar border
The Karen National Army, a rebel group, said it was currently housing 216 people, including citizens of Vietnam, China, the Philippines, and Indonesia.
The International Border Checkpoint of Poipet, Banteay Meanchey province, Cambodia
ASIA PACIFIC / Politics
Jun 24, 2025
Thailand targets Cambodian scam centers amid border dispute
As part of the crackdown, Thailand will ban foreign tourists from crossing over to Cambodia and curb air travel to Siem Reap for gambling purposes, Paetongtarn said.
MUFG Bank said Monday that a former employee in his 60s has defrauded a customer out of ¥39.84 million by suggesting fictitious financial products and issuing forged deposit receipts.
JAPAN
Jun 23, 2025
Ex-MUFG bank worker defrauds customer of ¥39.84 million
The Niigata District Public Prosecutors Office indicted the former worker at the major Japanese bank's Niigata branch.
Forged My Number cards and other ID cards seized by police are shown at a police station in Tokyo in December 2023.
JAPAN / Crime & Legal
Jun 20, 2025
Japan to require IC chip ID verification for online bank accounts in 2027
The new rule is designed to prevent fraudulent accounts from being opened under stolen identities.
Eight banks have entered into an agreement with the National Police Agency to share information on suspicious accounts as part of efforts to combat special fraud schemes.
JAPAN / Crime & Legal
Jun 18, 2025
Major banks team up with police to combat special fraud
Under a new agreement, the banks will send information on suspicious accounts directly to the police instead of channeling it through the Financial Services Agency.
The indelible memory of being a part of Unit 731
Hideo Shimizu, 95, says he cannot forget seeing the prisoners' bloody wills scribbled on the walls of prison cells at Unit 731 in 1945.
Will Wakatakakage bring balance to the banzuke?
Wakatakakage during a ring entering ceremony in February 2020
Taiwanese drama 'Zero Day Attack' on Chinese invasion to stream in Japan
A scene from the Taiwanese television drama "Zero Day Attack," which will stream in Japan from Friday.
Japanese star convicted of indecent assault in Hong Kong
J-pop idol Kenshin Kamimura leaves the West Kowloon Law Courts on bail in Hong Kong on Wednesday, after he was found guilty of indecent assault of a woman who worked as his interpreter at a restaurant in Mong Kok district in March this year.
Ukraine war has transformed North Korean military: Kyiv’s military intel chief
An explosion of a drone lights up the sky over Kyiv during a Russian drone strike, on July 30. Moscow has dispatched military specialists to train the Korean People’s Army on how to use combat drones and air-defense systems.
The indelible memory of being a part of Unit 731
Hideo Shimizu, 95, says he cannot forget seeing the prisoners' bloody wills scribbled on the walls of prison cells at Unit 731 in 1945.
Will Ishiba's critics be able to garner enough support for a leadership race?
Prime Minister Shigeru Ishiba's political survival likely hinges on whether a leadership race will take place within the Liberal Democratic Party following its decision to have its election committee canvass the opinions of party members and prefectural chapters on the subject.
Hidden rosters and the legacy of Japan’s germ warfare
Katsutoshi Takegami, 77, in his storehouse attic where he discovered his father's Unit 1644 documents
Osaka Expo highlights the challenge of holding events in Japan's scorching summer
People huddle near a large fan blowing icy-cold mist at the Osaka Expo on July 12. Amid Japan's relentless summer heat, organizes have put myriad measures in place in order to keep guests safe.
At Himawari Shokudo 2, Italian food with a Japanese soul
At Himawari Shokudo 2, chef Hozumi Tanaka serves Italian-inspired fare with a focus on Toyama produce, such as this appetizer of lightly blanched "hotaru ika" (firefly squid) served atop mixed wild plants and a crepe prepared from "yamato-imo" yam.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Members of the nonprofit group Japan Youth Memorial Association search for the remains of dead soldiers in a cave in Okinawa Prefecture in February.
The long search for Japan’s lost soldiers
By Tomoko Otake

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