A former employee of Yamato Spinning Co., Ltd., headquartered in Osaka, was arrested on suspicion of fraud for making the company draw a bill of about 140 million yen in a fictitious transaction.

According to the company, the total amount of fraudulent transactions that seemed to involve former employees amounted to more than 6.4 billion yen, and the police are investigating the details.

The person arrested was Hironaga Uei (56), a former deputy director of "Yamato Spinning" headquartered in Chuo-ku, Osaka.



According to police, former Deputy Director Uei disguised himself as a clothing deal from March to April when he was a director of an affiliated company, and made Yamato Spinning draw a bill of about 141 million yen. As a suspicion of fraud.

He admits to the investigation that he is accused.



According to the investigation so far, it seems that former Deputy General Manager Uei has been repeating fictitious transactions since 2014, involving seven companies such as business partners in order to make up for the loss of defective products inventories. ..



According to the company, the total amount of fraudulent transactions that seemed to be involved amounted to more than 6.4 billion yen, and the police are investigating the details.



Regarding the arrest, the parent company "Daiwabo Holdings" commented, "We will fully cooperate with the police investigation and strive to prevent recurrence."

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