Tag - fraud

 
 

FRAUD

Japan Times
JAPAN / Crime & Legal
Jul 20, 2018
Former president of bankrupt travel agency Tellmeclub gets six years for fraud
The Tokyo District Court on Friday found Chikako Yamada, the former president of failed travel agency Tellmeclub, guilty of falsifying her company's financial records to fraudulently receive funding from two banks. She was sentenced to six years in prison.
JAPAN / Crime & Legal
Jul 19, 2018
Ex-exec of Japanese supercomputer venture gets suspended prison term
The Tokyo District Court on Thursday issued a suspended prison term to a former executive of a venture company for fraud involving around ¥653 million ($5.8 million) in government subsidies related to the company's supercomputer development project.
BUSINESS
Jul 6, 2018
Ex-Nomura trader must defend bond-case dismissal in higher U.S. court
Prosecutors are pressing their attack on questionable practices used by bond traders, appealing a judge's decision to toss out the conviction of a former Nomura Holdings Inc. managing director caught up in the sputtering U.S. crackdown.
ASIA PACIFIC / Science & Health
May 31, 2018
China issues rules to get tough on academic integrity
China has issued new guidelines to enforce academic integrity in science that include plans to "record and assess" the conduct of scientists and institutions and punish anyone guilty of misconduct, state news agency Xinhua reported.
BUSINESS
May 31, 2018
Wells Fargo's customers of 3.5 million fake accounts get 'rough justice' closure: roughly $35 each
Wells Fargo & Co. customers who didn't consent to having 3.5 million accounts created by bankers trying to hit sales quotas are finally getting what a judge called "rough justice."
Japan Times
JAPAN / Crime & Legal
May 15, 2018
Eight-year prison term sought for president of failed Tokyo travel agency Tellmeclub
Prosecutors are demanding eight years behind bars for the president of failed travel agency Tellmeclub, who is accused of defrauding two banks of about ¥550 million in loans by doctoring earnings data.
Japan Times
BUSINESS
Apr 21, 2018
EU suspects massive tax fraud at China's new 'Belt and Road' gateway to Europe
European Union and Italian authorities are investigating suspected wide-scale tax fraud by Chinese criminal gangs importing goods via Greece's largest port of Piraeus, a trade gateway between China and Europe, officials said.
JAPAN / Crime & Legal
Apr 11, 2018
Seven men arrested for alleged scam that cost company president bitcoins worth ¥190 million
Seven men in Hyogo Prefecture have been arrested on suspicion of swindling a man out of bitcoins worth around ¥190 million ($1.8 million), police said Wednesday.
JAPAN / Crime & Legal
Mar 8, 2018
Japan's juvenile crime at postwar record low, but rising marijuana use concerns police agency
The number of teens implicated in cases involving marijuana increased by more than fivefold between 2013 and 2017, the National Police Agency said, raising concern that use of the drug is spreading among juveniles.
Japan Times
JAPAN / History / JAPAN TIMES GONE BY
Mar 3, 2018
Japan Times 1993: Blacks face an image problem in Japan
Many of the dozens of black professionals interviewed last week said they are still struggling to change the racist perceptions of blacks that shadow them wherever they go in this country.
Japan Times
JAPAN / Media / DARK SIDE OF THE RISING SUN
Mar 3, 2018
Criminals in Japan are profiting from the public's fear of prosecutors
A new type of transfer fraud in which perpetrators take advantage of their victims' fear of prosecution has sparked concern among law enforcement officials in recent weeks.
Japan Times
JAPAN / Crime & Legal
Mar 2, 2018
Lawyers move to settle with MRI International in Japan and U.S. over alleged Ponzi scheme
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Japan Times
BUSINESS
Feb 23, 2018
How an Indian bank's $1.8 billion fraud went unnoticed
The Punjab National Bank branch in south Mumbai sits just down the road from both the Bombay Stock Exchange and the Reserve Bank of India, at a physical center of one of the world's fastest-growing major economies.
Japan Times
BUSINESS
Feb 22, 2018
India's state-run bank adopts strict SWIFT controls after $1.77 billion fraud case
India's state-run Punjab National Bank has stepped up its controls on the use of SWIFT, a global payments network, following an alleged $1.77 billion fraud, according to memos issued this month and seen by Reuters.
Japan Times
ASIA PACIFIC / Crime & Legal
Feb 8, 2018
Samsung chairman Lee Kun-hee named as suspect in $7.5 million tax evasion case
Samsung Electronics' ailing chairman, Lee Kun-hee, was named by South Korean police on Thursday as a suspect in an 8.2 billion won ($7.5 million) tax evasion case that involved the use of bank accounts held by employees.
Japan Times
BUSINESS / Tech
Jan 31, 2018
Facebook bans ads tied to bitcoin and other cryptocurrencies
Facebook Inc. is banning ads on its social network that promote cryptocurrencies, initial coin offerings and binary options, saying they're "frequently associated with misleading or deceptive promotional practices."
Japan Times
JAPAN / Crime & Legal
Jan 27, 2018
Chief of bankrupt kimono rental firm Harenohi apologizes to customers
The president of Harunohi makes his first public appearance since the kimono rental firm's Coming-of-Age Day debacle left many young women without clothes for the treasured occasion.
JAPAN / Crime & Legal
Jan 21, 2018
Japanese supercomputer venture Pezy Computing suspected of tax evasion
A Japanese supercomputer venture whose president has been arrested for allegedly defrauding the government of subsidies is now suspected of evading corporate taxes, sources said Sunday.
Japan Times
JAPAN / Crime & Legal
Jan 18, 2018
Japan's crime rate hits record low as number of thefts plummets
Police data shows the number of recorded crimes in Japan continued to fall in 2017, but that fraud committed via messages sent through internet services has been trending upwards.
Japan Times
JAPAN
Jan 10, 2018
Kimono rental shop that went bust had significant debt amid fierce industry competition: sources
Details emerged Wednesday about significant debts faced by a kimono rental firm that went bust just before Coming-of-Age Day ceremonies, leaving scores of women celebrating adulthood without their formal attire.

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