Wednesday, November 23, 2011

Ex Japanese CEO Arrested, Yakuza Ties Suspected

Here we go again...

Tokyo Police Arrest Ex-Ceo For Stock Market Manipulation; Yakuza Links NOVEMBER 23, 2011 | JAKE ADELSTEIN

On charges of violating the financial instruments and exchange law (金融商品取引法違反容疑), Tokyo Metropolitan Police Department Organized Crime Control Division (警視庁組織犯罪対策部)arrested the ex-CEO of a Tokyo Stock Exchange listed company on November 22rd. Members of the Yamaguchi-gumi, Japan’s largest crime syndicate, a yakuza group, are said to have been involved in the crime.
The company was not Olympus and the man arrested was not Tsuyoshi Kikukawa, the former CEO of Olympus. Continued...

See also: Blendtec's Olympus Camera Prophecy Video

1 comment:

  1. Here we go again, indeed. How many more Japanese companies will get busted?