TOKYO, Sep 26 (Information On Japan) –
The previous consultant of the martial arts occasion firm ‘Breaking Down,’ Yugo Itagaki, together with two different people, has been arrested by the Tokyo Metropolitan Police on fees of defrauding an organization government out of 80 million yen.
The suspects allegedly deceived the sufferer by claiming that investing in a smartphone buying and selling enterprise would yield earnings.
They promoted a scheme the place smartphones have been stated to be cheaply sourced domestically and bought abroad at a excessive worth. The suspects reportedly promised buyers a return of seven to eight p.c of the preliminary funding after two months. Nevertheless, the enterprise is believed to have been totally fictitious.
Investigations counsel that the group amassed roughly 8 billion yen by this fraudulent scheme over a two-year interval beginning in 2020.
Supply: テレ東BIZ
