Ex-bank executive pleads guilty in Olympus fraud


The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

© Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

©2024 GPlusMedia Inc.

Login to comment

$10 Million off a shell game! This guy should be in the Guinnes Book of Records.

2 ( +2 / -0 )

Chan was a non-Japanese who is being tried in America, so he will probably receive a far harsher sentence than the executives he helped, who walked away with suspended sentences, and relatively light fines. Had they committed this fraud in America they would have died of old age in prison.

5 ( +7 / -2 )

Why is he a banker and not a fund manager? Which bank did he work for?

0 ( +0 / -0 )

"Chad received more than $10 million in compensation for cooperating with the corrupt executives."

Chad who?

-1 ( +1 / -2 )

"A Japanese judge said in July that executives used their authority and financial expertise to carry out a fraud that undermined faith in the Tokyo stock market and shook corporate Japan’s international credibility."

And then handed out suspended sentences to all of them. So what?

1 ( +2 / -1 )

Login to leave a comment

Facebook users

Use your Facebook account to login or register with JapanToday. By doing so, you will also receive an email inviting you to receive our news alerts.

Facebook Connect

Login with your JapanToday account

User registration

Articles, Offers & Useful Resources

A mix of what's trending on our other sites