FUJI-XEROX EMPLOYEE ARRESTED FOR EMBEZZLEMENT

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Date: Friday September 5, 2008 03:38:04 pm
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    http://www.japantoday.com/category/crime/view/ex-fuji-xerox-employee-arrested-for-440-million-yen-embezzlement
    Ex-Fuji Xerox employee arrested for 440 million yen embezzlement
    TOKYO
    —Police on Tuesday arrested an former Fuji Xerox employee for the
    embezzlement of 440 million yen. The suspect was fired in April of this
    year and the company subsequently reported the case to police.

    Katsutoshi
    Masago, 41, was arrested for allegedly embezzling 440 million yen by
    selling 2,100 PCs which he had ordered under the company name in June,
    2007. Police believe he had previously sold more PCs in the same way
    and has embezzled a total of 1.18 billion yen since February of
    2002.Police said Masago spent the money on his gambling debts. Masago
    admits the allegations, according to police.

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