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Ex-Keikyu Department Store worker suspected in ¥2 billion fraud

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KANAGAWA (TR) – Kanagawa Prefectural Police have arrested a former worker of Keikyu Department Store Co. who’s suspected of defrauding the corporate out of round 2 billion yen, experiences TBS News (July 7).

Thus far, police have accused Masaichi Okada, 66, over the alleged misappropriation of 23.9 million yen from an account of the corporate on January 21, 2019.

At the time, Okada was employed on the Keikyu Kamiooka Store in Yokohama City’s Konan Ward.

In finishing up the swindle, he allegedly created a pretend bill for inside development work on the retailer by a contractor beneath his administration. He then despatched the funds to a checking account he managed.

Masaichi Okada (Twitter)

Upon his arrest on suspicion of fraud on Tuesday, Okada denied the allegations. ” I didn’t perform fraud,” the suspect informed police.

While employed at Keikyu Department Store, Okada was able to order development work. He is believed to have made fraudulent orders on about 200 events, netting him a complete of round 2 billion yen.

The matter emerged throughout an inner audit. In June 2019, Keikyu Department Store dismissed Okada. That December, the corporate lodged a grievance with police.



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