Tuesday, May 09, 2006

Japan: Health Food Firm Faces Fraud Probe

The Yomiuri Shimbun, 5/9/2006

The Metropolitan Police Department has started investigating the Tokyo-based health food company Richland, suspecting it fraudulently collected 50 billion yen from more than 10,000 individuals nationwide…

The company was found to have sold royal jelly and cosmetics for several hundred thousand yen, when the goods were actually worth about one tenth of the prices charged. The MPD suspects the company recorded part of the fund as having come from fabricated sales of these items…

No comments: