Former officer of “Togo Securities” The content of prosecution is allowed at first trial Tokyo District Court Nov. 7 13:06
A former baseball giant's former pitcher, a former officer of Togo Securities, was charged with the charges of a customer's FX deal and was charged with the first trial. I admitted.
Defendant Yasuhiro Hayashi (58), a former baseball giant's former pitcher who actually managed “Togo Securities” in Minato-ku, Tokyo, has been losing money in FX trading for three years since January. Compensating for 69 million yen in losses for customers who have been issued, together with former company advisors, they are accused of violating the Financial Instruments and Exchange Act and evading tax.
At the first trial held in the Tokyo District Court, a former officer admitted that the prosecution was “no mistake”.
The prosecution said, “I was recommending FX transactions to senior citizens with little investment experience without fully explaining the risks, or neglecting the market view. If the customer who made the loss consulted a lawyer, etc. "I was afraid that inappropriate sales practices would be disrupted due to inadvertent sales practices, and I started to make up for losses in order to reduce customer complaints."