Former Chairman of Japan Life arrested on suspicion of fraud Total damage of 200 billion yen or September 18, 7:33
Former chairman Takayoshi Yamaguchi suspected that the Metropolitan Police Department solicited customers and deceived the investment in "Japan Life", which went bankrupt after collecting a large amount of funds under the owner's business method of magnetic therapy equipment, even though there was no prospect of dividends. (78) was arrested on suspicion of fraud.
The total damage amounted to about 200 billion yen, and the Metropolitan Police Department is proceeding with the elucidation of the actual situation.