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April 25, 2024
 

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MRI

Japan Times
JAPAN / Crime & Legal
Mar 2, 2018
Lawyers move to settle with MRI International in Japan and U.S. over alleged Ponzi scheme
Trials in Japan and the United States over an alleged ¥130 billion ($1.2 billion) Ponzi scheme — in which Las Vegas-based investment firm MRI International Inc. targeted thousands of Japanese — are set to be settled out of court, a lawyers' group representing the victims said Thursday.
JAPAN / Crime & Legal
Oct 30, 2017
Tokyo court orders ¥680 million in damages over MRI investment scam
The Tokyo District Court has ordered officials of a Las Vegas investment firm to pay ¥680 million in damages over a ¥130 billion investment scam that targeted thousands of Japanese.
BUSINESS
Jan 29, 2015
MRI owner to pay $584 million for bilking Japanese investors
A Las Vegas businessman and his company, MRI International Inc., were ordered to pay $584 million after a judge ruled that they defrauded Japanese investors in a Ponzi scheme.
BUSINESS / Companies
Feb 3, 2014
SEC suspects MRI boss of violating asset freeze
The U.S. Securities and Exchange Commission has alleged that Edwin Fujinaga, owner of Las Vegas-based MRI International Inc., has moved personal assets out of the United States in violation of a court-ordered asset freeze.
JAPAN / Crime & Legal
Sep 28, 2013
MRI viewed as Ponzi scheme by FBI in 2009
The FBI probed MRI International Inc. in 2009 on suspicion that it was running a Ponzi scheme, according to a source who cooperated with the investigation.
JAPAN / Crime & Legal
Jul 16, 2013
Japanese investors sue asset manager in U.S. court
Japanese investors filed a class-action lawsuit seeking damages from Las Vegas-based asset manager MRI International Inc. on July 5, according to U.S. court documents.
JAPAN / Crime & Legal
Jun 17, 2013
Securities watchdog seeks SEC's help in probing alleged fraud at MRI
Japan's financial watchdog asks the SEC for help prosecuting a U.S.-based asset manager suspected of swindling investors out of billions of yen.
Japan Times
JAPAN / Crime & Legal
May 31, 2013
MRI faces criminal complaint over losses
Japanese clients of MRI International Inc., a U.S. investment company suspected of mismanaging assets, filed a complaint Thursday with Tokyo prosecutors and police alleging fraud.
BUSINESS / Companies
May 17, 2013
MRI bows to FSA with vow to plan repayment
U.S.-based asset manager MRI International Inc., suspected of mishandling the funds of thousands of Japanese clients, responded to an order by the Financial Services Agency by promising investors a repayment plan.
BUSINESS / Companies
May 13, 2013
MRI investor meeting draws over 1,500 to Tokyo
More than 1,500 people from across Japan showed up for a jam-packed meeting Sunday organized by lawyers who accuse U.S asset manager MRI International Inc. of conducting a ¥130 billion fraud.
Japan Times
JAPAN / Crime & Legal
Apr 26, 2013
U.S. asset manager tied to ¥130 billion loss
The Securities and Exchange Surveillance Commission probes a U.S. investment firm after learning it may have lost more than ¥130 billion of its clients' money.
Japan Times
WORLD / Science & Health
Mar 2, 2013
Virtual autopsy: Does it spell the end of the scalpel?
Anyone who has spent any time in a courtroom knows how easy it is for a skilled defense lawyer to plant doubt in the mind of a jury. Even in a relatively straightforward case, such as a hit and run, jurors are frequently presented with such a confusing array of photographic and forensic evidence that it is very difficult to know what has taken place and who may be at fault.
'Sugar Baby Riri' gets nine-year prison term over romance scam
Mai Watanabe, who went by the moniker “Sugar Baby Riri,” dated older men and swindled them out of money by telling them fictitious heartbreaking stories about herself to gain their sympathy.
Over 40% of Japan's municipalities at risk of vanishing, study finds
Of 1,729 local municipalities nationwide, 744 have been identified as being at risk of disappearing.
Tokyo issues strong warning on yen intervention as currency dips further
Finance Minister Shunichi Suzuki speaks during a meeting with U.S. Treasury Secretary Janet Yellen and South Korean Finance Minister Choi Sang-mok on the sidelines of IMF and G20 meetings in Washington last week.
Princess Aiko makes debut at imperial garden party
Princess Aiko attends an imperial garden party in Tokyo on Tuesday.
Japan's former PM Aso meets Trump for talks on security and economy
Former U.S. President Donald Trump and Taro Aso, vice president of Japan's ruling Liberal Democratic Party, in New York on Tuesday. The Japanese government’s top spokesman on Wednesday played down the meeting as one conducted "in the capacity of one lawmaker" and “without the government’s involvement.”
New workers name Shohei Ohtani as 'dream boss' for two years running
Shohei Ohtani has been overwhelmingly voted as the “dream boss” for people who started working in April, according to a survey.
A craft beer crawl through Tokyo’s top bars, brewpubs and dives
If all you drink is Asahi, Sapporo and Kirin, you're depriving yourself of some of the best craft beer Tokyo has to offer — and there sure is a lot of it out there.
'Sugar Baby Riri' gets nine-year prison term over romance scam
Mai Watanabe, who went by the moniker “Sugar Baby Riri,” dated older men and swindled them out of money by telling them fictitious heartbreaking stories about herself to gain their sympathy.
Tsukiji 2030s: A stadium, culinary center and transportation hub
A computer-generated image shows redevelopment plans for the former site of the Tsukiji fish market in Tokyo.
Hearing the impact of climate change in Okinawa, one bird call at a time
Toshihiro Kinjo (center), a research support technician at the Okinawa Institute of Science and Technology, inspects an audio recording device in Ginowan, Okinawa Prefecture, on April 3 as Masako Ogasawara, a research support specialist at OIST, looks on.

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From easily navigable train stations to the helpfulness of its municipal staff, Tokyo has earned high praise for its commitment to accessibility for disabled travelers.
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Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
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By Alex K.T. Martin

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