Arrests in Japanese fraud probe KaZutsugi Nami, The Madoff Fraud:Scam of the Century

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/Home/Charles Ponzi and Modern Day Ponzi Schemes/Ponzi Schemes Reported in 2009/Arrests in Japanese fraud probe KaZutsugi Nami

Ponzi scheme arrest in Japan

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Kazutsugi Nami and other executives of L&G, which made bedding and healthcare products, are suspected by authorities of running a pyramid scheme that promised investors annual returns of 36 per cent i READ MORE
http://www.ft.com/cms/s/0/f0e28cf0-f377-11dd-9c4b-0000779fd2ac.html

Japanese police on Thursday arrested the 75-year-old head of a bedding company and 21 others suspected of operating an alleged $2.5bn Ponzi scheme that sucked in tens of thousands of people, the country’s largest ever such fraud.

The Madoff Fraud:Scam of the CenturyArrests in Japanese fraud probe KaZutsugi Nami

/Home/Charles Ponzi and Modern Day Ponzi Schemes/Ponzi Schemes Reported in 2009/Arrests in Japanese fraud probe KaZutsugi Nami

Ponzi scheme arrest in Japan

The Madoff Fraud:Scam of the Century
Arrests in Japanese fraud probe KaZutsugi Nami