An arrest warrant has been issued for the president of a failed construction firm in Aichi Prefecture who allegedly set up a fatal traffic accident last week for a man he arranged to have identified as himself in a scam to collect life insurance money.
Police said Kiyoshi Hasegawa, 53, was falsely identified as the victim by his 51-year-old wife following the June 15 "accident," but investigators discovered Thursday the body was that of Kazumi Ito, a 52-year-old unemployed man from Kanie, Aichi Prefecture.
Police searched Hasegawa's residence in Kanie, which is also his small company's office, on suspicion of murder. The firm deals with iron construction materials.
Police are continuing to search for Hasegawa, who was covered by a life insurance policy that would have paid out several tens of millions of yen in the event of his death, they said.