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The former chairman of a company that defrauded thousands of investors was handed an eight-year prison sentence on Jan. 28.
According to the indictment, Takayoshi Yamaguchi swindled a total of around ¥165.6 million from 20 clients between August and December 2017.
Two former bureaucrats from industry ministry were found guilty of swindling the state out of some 15.5 million yen ($136,000) in office rental subsidies and other benefits that were meant to help coronavirus pandemic-hit businesses.
Two former Japanese Industry Ministry bureaucrats were found guilty of defrauding the state of about 15.5 million yen ($136,000) in benefits that were intended to help businesses hit by the Covid-19 pandemic, the Tokyo District Court's verdict revealed on Tuesday.