Ex-Livedoor Chief Arrested Again
A Reuters newswire article, via CNN/Money, reports that:
Takafumi Horie, the former Internet CEO who shook up corporate Japan and ran for parliament with ruling party backing, was arrested again Wednesday on suspicion of violating a securities law, Tokyo prosecutors said.
Horie, formerly chief executive of Livedoor Co., was arrested on suspicion of falsifying parent company accounts and submitting false financial statements, they said.
Also arrested Wednesday was Livedoor representative director Fumito Kumagai and three other former Livedoor executives, prosecutors said.
posted by Fergie @ 2/22/2006 07:11:00 AM
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