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Six Arrested in Japan on Suspicion of Money Laundering for US Crime Syndicates

Posted by BBC on 2007/09/05 | Views: 2544 |

Six Arrested in Japan on Suspicion of Money Laundering for US Crime Syndicates


A Nigerian man living in Saitama Prefecture and five Japanese cohorts have been arrested for their alleged involvement in a money laundering scheme on behalf of US crime syndicates, police said Monday.

Saitama, Japan, Sept. 3 Kyodo - A Nigerian man living in Saitama Prefecture and five Japanese cohorts have been arrested for their alleged involvement in a money laundering scheme on behalf of US crime syndicates, police said Monday.

Asabor Felix Steve [as received - Asabor is most likely family name], 40, is suspected of having requested Keiichi Isono, 31, and other suspects to open accounts at financial institutions in Tokorozawa, Saitama, and other places to launder money which the syndicates obtained through fraudulent means, according to the investigation.

The police have confirmed the existence of at least 40 accounts, in which some 700 million yen in total is believed to have been remitted from overseas, they said.

While the US syndicates are suspected of obtaining the money by suggesting made-up investment plans, the Japanese police are now investigating further into the particulars of the shady transactions, they added.

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