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© Copyright 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.Tokyo-Vegas investment chief gets 50 years in Ponzi scheme
By KEN RITTER LAS VEGAS©2024 GPlusMedia Inc.
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Chip Star
Good thing this guy was tried in the US where there is an actual justice system instead of here.
macv
in the good old days his entire family for generations would be punished and ostracized from society
vinarius@pm.catv.ne.jp
PEOPLE HAVE TO LEARN that promised of huge profits are always expensive. I do not work in a bank or financial body. If u have money , just put in the Development bank of Singapore , the returns are 7% yearly without problems. Always remember greediness have a price.
JeffLee
He destroyed many lives. Many of Madoff's victims committed suicide. We don't know how many of this guy's victims did. But he took the life savings of retirees, so I imagine the devastation was immense....all out of greed.
Andrew Crisp
Its certainly a higher sentence than what he would have got if sentenced in a Japanese court.
Kenji Fujimori
Say hello to Bernie Maddoff, theyll make the best or friends. Maddoff is the biggest con artist shyster
Madden
See, this is how justice is dished out! If this was Japan, I'm the judge would have given a lesser sentence with some BS reasoning like "he's so old already, he's apologized, and he tried to repay the investors to the best of his ability". At least American judges see through the crap.
sir_bentley28
I guess Bernie Madoff is getting a new roomie!
Tokyo-Engr
As an American resident of Japan I have to say this quote from the judge caught my eye;
Chief U.S. District Judge Gloria Navarro called efforts by Fujinaga to apologize "offensive."
I guess Ms. Navarro has little patience for an apology after the fact for this type of crime (where victims were relieved of their life savings).
The punishment fits the crime: Fujinaga lived lavishly for many years while quite literally ruining the lives of others. (honorific "san" removed intentionally)
papigiulio
I like this judge, sees right through the bs. It's a shame he is already 72, he deserves all the 50 years he is getting and more.
Kobe White Bar Owner
Thats a long sentence, aint a memember of the old boys club obviously.