Japanese LED company president arrested for fraudulent trading fraud 200 million yen

According to a report by Japan’s NHK TV station on January 16, five people, including a president of a Japanese LED product development company, defrauded more than 200 million yen from a large advertising agency and a subsidiary of Japan Dentsu Corporation on the basis of fraudulent transactions. Arrested for RMB 11.56 million.

According to the police, it has been confirmed that more than 10 LED practitioners are suspected of repeatedly using fraudulent transactions to defraud the Dentsu subsidiary "Telecom Works" for more than 10 billion yen, and the police will formulate guidelines for further searches.

The suspects who were arrested were the president of the "World Wide Engineering" (WWE) of the LED product development company in Tokyo, 67-year-old Hiroshi Hasegawa, and the actual manager, 63-year-old Tsuda, and others. . According to police investigations, the above five people allegedly confessed to the LED lighting business of the Dentsu subsidiary "Dongtong Works" four years ago, accepted orders from the other company's 7,600 lighting fixtures, and defrauded the name of the deposit. About 230 million yen in funds.

In 2013, due to the fact that the lighting fixtures that should have been delivered could not be paid by the customers, the “Electronics Works” company frequently incurred accidents, and the police began to conduct searches from relevant personnel in November 2012. According to the survey, the Japanese Police Agency believes that more than 10 LED practitioners have repeatedly used fraudulent transactions to defraud "Tongtong Works" for more than 10 billion yen, and accordingly developed a policy to clarify the overall situation of the incident. For the police investigation, four people, including suspects Hasegawa Yukio and Tsuda, are currently refusing to plead guilty on the grounds that "the product has been actually delivered and has not been fraudulent."

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