Tag - fraud

 
 

FRAUD

WORLD / Crime & Legal
Jul 16, 2014
Madoff sons took millions for real estate, trustee alleges
Bernard Madoff's sons created accounts out of thin air and engineered sham loans to buy pricey Manhattan real estate as they diverted tens of millions of dollars of money from their father's firm, a court-appointed trustee said Tuesday.
Japan Times
WORLD / Crime & Legal
May 4, 2014
Food labs fight organized crime
At first glance the sprawling campus amid glorious countryside looks an unlikely base from which to wage war against Italy's most feared crime organization, the 'ndrangheta.
BUSINESS / Companies
Apr 9, 2014
Banks sue Olympus for ¥27.9 billion over fraud
Olympus Corp. said Wednesday it's being sued by six banks for a total of ¥27.9 billion in damages, the largest amount among civil lawsuits filed against the camera and endoscope maker over a 13-year accounting fraud.
EDITORIALS
Mar 29, 2014
Consumer Affairs Agency must step up anti-fraud fight
Japanese society may envied in many parts of the world, but there's a fraudulent underside that ripped off consumers in amounts totaling 1.2 percent of the nation's GDP in 2013.
Japan Times
JAPAN
Feb 6, 2014
Samuragochi's ghostwriter speaks
The man who ghostwrote works credited to “deaf” composer Mamoru Samuragochi for the past 18 years stepped forward Thursday as his “partner in crime.”
EDITORIALS
Jan 13, 2014
Protecting consumers against fraud
The Diet has enacted a law that sets the procedure for class-action lawsuits aimed at helping consumers who have suffered financial damage from unscrupulous sales methods receive compensation from companies.
Japan Times
JAPAN
Nov 7, 2013
Hotel Okura latest to own up to fraudulent menus
Hotel Okura is the latest in a seemingly endless string of established hotels and department stores to admit to misrepresenting items on its restaurant menus.
Japan Times
WORLD / Crime & Legal
Aug 15, 2013
Jackson, wife given jail terms
Jesse Jackson Jr., a once-promising Illinois congressman, was sentenced to 30 months in prison Wednesday for stealing hundreds of thousands of dollars in campaign money to fund an extravagant lifestyle.

Longform

Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.