Japan's Disgraced Internet Guru Horie Indicted
An AFP newswire article, via Yahoo! News, reports that:
Takafumi Horie, the flamboyant founder of Japanese Internet firm Livedoor, was indicted with three associates for alleged securities fraud to cap a spectacular fall from grace.
Horie, 33, who just a month ago was one of Japan's most high-profile business leaders, along with his fellow former executives each risk five years in prison and fines of up to five million yen (42,500 dollars).
posted by Fergie @ 2/13/2006 07:06:00 AM
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