"Japan Life" fraud case Insolvency from 7 years before bankruptcy September 19 12:12
A fraudulent case involving the bankruptcy of "Japan Life", which raised a large amount of money under the owner's commercial law of magnetic therapy equipment, told investigators that the company had been insolvent seven years before the bankruptcy. I understood from the interview.
The Metropolitan Police Department is investigating that it has repeatedly solicited customers knowing that it is unlikely to continue paying dividends.
In 2017, 14 people, including Takayoshi Yamaguchi (78), a former chairman of the health equipment sales company "Japan Life," deceived 12 customers in their 50s and 80s who solicited funds, totaling more than 80 million yen. He was arrested on suspicion of fraud and sent to the public prosecutor's office on the morning of the 19th.
The Metropolitan Police Department has not disclosed the approval or disapproval of former chairman Yamaguchi and others.
The company went bankrupt in 2017 due to a financial stalemate, but it was found in an interview with investigators that it had been insolvent since 2010, seven years earlier.
The company was trying to prevent insolvency from being discovered by window-dressing its financial results.
It is believed that the owner's commercial law of "Japan Life" had no actual business from the beginning, and the Metropolitan Police Department is investigating that it has repeatedly solicited customers knowing that it is unlikely to continue paying dividends even after insolvency. I will.