The former managing director of an internet advertising company under SoftBank Group was rearrested on suspicion of embezzling company funds. The Metropolitan Police Department's Second Investigative Division continues to investigate the flow of funds.
The former managing director of イーエムネットジャパン, an internet advertising company under SoftBank Group based in Shinjuku Ward, Tokyo, was arrested in connection with the embezzlement of company funds. The individual was subsequently rearrested, and the investigation is continuing.
According to investigative sources, the suspected embezzlement is believed to total approximately ¥300 million. The Metropolitan Police Department's Second Investigative Division is conducting corroborating investigations focused on the flow of funds. Details of the losses and their specific use remain limited to information currently disclosed.
The Metropolitan Police Department is continuing to investigate the details. Information on the future course of the investigation and the possibility of additional arrests or referrals to prosecutors remains pending.