The president of a well being meals gross sales firm in Tokyo was arrested and indicted for soliciting most cancers sufferers and their households, saying, “We are developing products that are effective against cancer,” and promoting the corporate’s stock with out registration. had been re-arrested on suspicion of violating the Act on Punishment of Organized Crime for disguising the cash obtained from the sale of unlawful shares as “donations”.
Three individuals, together with Shigeru Shiraki (45), president of WinMedix, a well being meals gross sales firm in Chiyoda-ku, Tokyo, had been arrested once more.
According to the Metropolitan Police Department, it’s suspected that the cash obtained from promoting firm shares with out authorized registration from final yr to final yr was a violation of the Act on Punishment of Organized Crimes, because it was disguised as a “donation”. .
He collected about 700 million yen in complete from greater than 1,500 individuals by way of unlawful stock gross sales. It implies that
In response to the investigation, the president has admitted to the allegations.
Many of the stock purchasers are most cancers sufferers and their households, they usually appear to have solicited them by saying, “If you’re growing a brand new most cancers therapy drug and it’s accredited as a drug, you’ll obtain a big dividend.” However, no dividend has been confirmed thus far.
The Metropolitan Police Department is investigating the detailed scenario, assuming that it bought shares to greater than 15,000 individuals nationwide in about 5 years till April final yr and picked up about 8 billion yen.