A 34-year-old Chinese national was arrested in Japan for allegedly scamming an elderly woman out of a record 809 million yen ($5.4 million) through a social media investment scheme. The suspect posed as economic analyst Takuro Morinaga, soliciting approximately 83 million yen ($558,000) in investments from women. This incident highlights ongoing concerns regarding investment fraud targeting vulnerable individuals, particularly through social media platforms. The arrest follows a broader trend of increasing scrutiny on fraudulent activities involving cryptocurrency and social media scams, as authorities work to combat these crimes.
Tokyo police confirmed Friday that they have arrested a 40-year-old British man on suspicion of stealing ¥13 million ($83,400) from a company executive by swapping out cash during a fake gold transaction. https://t.co/QEaW3qeBdF
DCI exposes details of prime suspect wanted for murder of woman in Thika https://t.co/ugHRR0GUrp
Crypto Cartels Fleecing Aussies in $200M Scam A Tel Aviv-based crypto cartel just reminded us why due diligence is king. They set up digital exchanges, got ASIC and Austrac registrations, and hired locals as shell directors. End result? 30,000 Aussies down over $200M. These… https://t.co/K0pouWnXsk