TOKYO, Apr 01 (News On Japan) –
KDDI introduced the outcomes of an investigation into an accounting fraud involving its subsidiaries, revealing that 99.7% of income in its promoting company enterprise was generated via fictitious transactions.
According to a particular investigation committee, KDDI subsidiary Biglobe and its personal subsidiary G-Plan repeatedly performed pretend transactions by pretending to obtain orders from non-existent advertisers.
The misconduct continued from at the very least August 2018 via December 2025, with 246.1 billion yen—equal to 99.7% of the promoting enterprise’s complete gross sales—discovered to be fictitious, whereas 32.9 billion yen was reportedly diverted outdoors the corporate.
The investigation concluded that two staff of G-Plan have been concerned within the wrongdoing, figuring out that the case was not an organized scheme.
Source: FNN