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Arrests in Japanese fraud probe


Japanese police on Thursday arrested the 75-year-old head of a bedding company and 21 others suspected of operating an alleged $2.5bn Ponzi scheme that sucked in tens of thousands of people, the country’s largest ever such fraud.

The suspected fraud would rank among the biggest of a growing number of such scams, the largest being the alleged $50bn Ponzi scheme operated by Bernard Madoff in the US.

alleged 申し立てられた,うわさによる

Ponzi scheme ネズミ講

scam 詐欺

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