(4)Business tycoon Tsutsumi arrested in Seibu share scam

(4)Business tycoon Tsutsumi arrested in Seibu share scam

TOKYO, Japan - A vehicle carrying former Kokudo Corp. Chairman Yoshiaki Tsutsumi enters the Tokyo Detention House on March 3. Tsutsumi, once listed by Forbes magazine as the world's richest man, was arrested for his alleged involvement in falsifying financial statements on shareholdings in Seibu Railway Co. and insider trading. (Kyodo)

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  • ILEA000028141
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  • Kyodo / Kyodo News Images
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