Tokyo police arrested the president and two other former executives of the failed cattle outfit Agura Bokujo on June 18 for allegedly soliciting investors based on misleading information before the operation went under in 2011.
Former President Kumiko Mikajiri, 69, and the two former executives were arrested in connection with a cattle-breeding scheme affecting about 73,000 investors nationwide.
Investigative sources said the firm gave investors false information, including inflating the number of cattle raised at the farm. (Kyodo)
警視庁が、経営破綻した和牛オーナー制度会社「安愚楽(あぐら)牧場」の元社長と2人の旧経営陣を、誤解を招く情報に基づいて出資者を集めたとして、逮捕した。
The Japan Times ST: June 28, 2013