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News Explorer — Japanese Authorities Arrest Man on Fraud Charges Following Crypto Investigation

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Jul 10, 2:14 am
www.japantimes.co.jp

Japanese Authorities Arrest Man on Fraud Charges Following Crypto Investigation

A 44-year-old man, Yohei Yano, has been arrested in Japan for unlawfully accessing internet banking accounts and being the mastermind behind a group involved in fraudulent transfers exceeding ¥120 million. This is the first arrest made by the National Cyber Unit since its establishment in April 2022. The group used stolen IDs and passwords to access victims' bank accounts and transferred funds to cryptocurrency accounts.

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