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Dai-ichi Life Ex-Employee Suspected of Theft: Japan Times

The insurer’s announcement came on top of a series of scandals involving the company since last year


Dai-Ichi
A man walks past the Dai-Ichi Life Insurance Company headquarters in Tokyo. Photo: Reuters

 

A former employee of Dai-ichi Life Insurance is suspected of fraudulently acquiring about 38 million yen ($334,000) from an elderly customer, The Japan Times reported.

The insurer’s announcement came on top of a series of scandals involving the company since last year, including the alleged fraudulent acquisition of more than 1.9 billion yen by another former employee.

Read the full report: The Japan Times.

 

 

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.