Japanese supercomputer venture chief arrested for alleged fraud

Prosecutors raid the office of PEZY Computing in Tokyo on Dec. 5, 2017. They arrested the president of the technology venture known as one of the developers of the world's fourth-fastest supercomputer on suspicion of defrauding a governmental institution of 431 million yen ($3.8 million) in subsidies. (Kyodo) ==Kyodo

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ILEA000120803

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2017/12/05 11:00:51

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Kyodo / Kyodo News Images

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2017 Kyodo News

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Japanese supercomputer venture chief arrested for alleged fraud

Photo taken Dec. 5, 2017, shows the building that houses Japanese technology venture PEZY Computing in Tokyo. Prosecutors arrested the president of the company known as one of the developers of the world's fourth-fastest supercomputer on suspicion of defrauding a governmental institution of 431 million yen ($3.8 million) in subsidies. (Kyodo) ==Kyodo

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