March 23, 2010
BANGKOK (AFP) - Thai police said Tuesday they have arrested a Japanese man accused of defrauding people of some 62 million dollars through investment scams in his home country.
Mamoru Nagano, 65, was arrested in the upmarket Sukhumvit area of Bangkok on Monday at the request of the Japanese embassy, said Colonel Wiwat Kamchamnan from the immigration police.
Nagano is accused of violating investment law in Japan, defrauding a large number of people of a total of 5.6 billion yen (62 million dollars) in Hiroshima city.
"He is under detention and will be deported to Japan," Wiwat said.
Nagano arrived in Bangkok one month ago on a tourist visa, and his arrest came after his Japanese passport was revoked by the embassy on Monday, the police officer said.
