crime

Ex-Fuji Xerox employee arrested for 440 million yen embezzlement

12 Comments

Police on Tuesday arrested an former Fuji Xerox employee for the embezzlement of 440 million yen. The suspect was fired in April of this year and the company subsequently reported the case to police.

Katsutoshi Masago, 41, was arrested for allegedly embezzling 440 million yen by selling 2,100 PCs which he had ordered under the company name in June, 2007. Police believe he had previously sold more PCs in the same way and has embezzled a total of 1.18 billion yen since February of 2002.

Police said Masago spent the money on his gambling debts. Masago admits the allegations, according to police.

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12 Comments
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fry this dude.

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big debts. he was taken by the monster gamblore. bad news. He betrayed his employer and family for his addiction. very sad.

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Death! But not if he can finger an LDP member! (Case by case!)

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Wow props to this guy for having the guts to siphon off that much money. This guy was either crazy, stupid or owed money to the wrong people. How do you get that far in gambling anyway? Most embezzlers take a lot longer to get caught because they take in smaller increments. Anyway, the lesson is they all get caught in the end.

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wow, that's amazing. I wonder what they think of this down in Ebina?

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He should have tried to copy bank notes...

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has embezzled a total of 1.18 billion yen since February of 2002.

Apparently this guy will NOT be getting the "Employee of the Year Award" !

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he's ok, over the 40 year old borderline, suspended sentence. poor Horiemon should have waited a few more years

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I heard another scandal about how Fuji-Xerox employees were sitting on the photocopiers and making printouts of their butts.

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A gambler, to fund his habit. Perhaps he can work ethically with u all and pay the money back over some years and also make equal.?? from PlanetCop.

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That is a lot of money. I guess the company has no internal control to oversea ordering of equipment, approving bill payments, etc.

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OgieDoggie but he will get the Embezzler of the year award

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