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Tokyo cops raid yakuza HQ over bank fraud

Kazuo Ishii
Kazuo Ishii

TOKYO (TR) – Tokyo Metropolitan Police have raided the headquarters of a second-tier gang of Yamaguchi-gumi on suspicion of bank fraud, reports TV Asahi (July 1).

On Thursday morning, police entered Kokusui-kai, located in the Senzoku area of Taito Ward, in search of evidence connected to the defrauding of a financial institution three years ago.

In January of 2013, Kazuo Ishii, a 52-year-old Yamaguchi-gumi executive, allegedly concealed his gang affiliation and presented a fake contract to a financial institution in order to obtain a loan of more than 100,000 yen for the purchase of items.

Ishii denies the charges. “I  had nothing to do with it,” the suspect is quoted.