A former managing director was rearrested on suspicion of embezzling ¥290 million from his employer. The embezzled funds were allegedly used to cover losses from failed FX investments.
A former managing director of the internet advertising agency イーエムネットジャパン, his employer, was rearrested on suspicion of embezzling ¥290 million from company accounts in 7 installments since January last year.\n\nAccording to the investigation report, suspect Murai Jin (村井 仁) was responsible for managing the company’s finances and had allegedly used most of the embezzled funds to cover losses from failed FX investments. It has not been disclosed whether he has admitted or denied the allegations.\n\nThe Metropolitan Police Department believes that suspect Murai (村井 仁) embezzled approximately ¥460 million in total and will continue its investigation.