TOKYO (TR) – Tokyo Metropolitan Police have arrested a 60-year-old man from Kanagawa Prefecture who’s suspected of gathering cash defrauded in a fictitious funding scheme, reviews Fuji News Network (Feb. 19).
Between October final yr and January this yr, Masakazu Warabi is accused of conspiring with an confederate to defraud a person in his 60s from Tokyo’s Chiyoda Ward of 17.5 million yen in money by providing him a fictitious stock funding scheme.
Upon his arrest on suspicion of fraud, Warabi, who lives in Zama City, Kanagawa, admitted to the allegations. “I collected the cash,” he stated.
According to police, the sufferer joined a chat group providing recommendation on the fictional stock funding after seeing a web based commercial.
An individual posing as a securities firm worker allegedly handed the money obtained from the sufferer to Warabi, whose function was because the recipient (ukeko) of the defrauded funds. The confederate stated, “If you do as you’re told, you’ll make a profit.”
Police are persevering with the investigation, together with analyzing a seized smartphone.