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[Breaking News]Prudential Life Insurance sets up independent panel over fraud

TOKYO, Japan, Feb. 10 Kyodo - Hiromitsu Tokumaru, new president and CEO of Prudential Life Insurance Co., holds a press conference in Tokyo on Feb. 10, 2026, announcing the launch of a third-party panel to look into revelations that over 100 of its current and former employees engaged in improper conduct including defrauding clients. (Kyodo)

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Prudential Life Insurance sets up independent panel over fraud

Hiromitsu Tokumaru (2nd from R), new president and CEO of Prudential Life Insurance Co., holds a press conference in Tokyo on Feb. 10, 2026, announcing the launch of a third-party panel to look into revelations that over 100 of its current and former employees engaged in improper conduct including defrauding clients.

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Prudential Life Insurance sets up independent panel over fraud

Hiromitsu Tokumaru, new president and CEO of Prudential Life Insurance Co., holds a press conference in Tokyo on Feb. 10, 2026, announcing the launch of a third-party panel to look into revelations that over 100 of its current and former employees engaged in improper conduct including defrauding clients.

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Prudential Life Insurance sets up independent panel over fraud

Hiromitsu Tokumaru, new president and CEO of Prudential Life Insurance Co., holds a press conference in Tokyo on Feb. 10, 2026, announcing the launch of a third-party panel to look into revelations that over 100 of its current and former employees engaged in improper conduct including defrauding clients.

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[Breaking News]Prudential Life Insurance apologizes over defrauding of clients

TOKYO, Japan, Jan. 23 Kyodo - Prudential Life Insurance Co. President Kan Mabara bows in apology at a press conference in Tokyo on Jan. 23, 2026, after around 100 of its employees and former employees were found to have improperly borrowed or defrauded clients out of some 3.1 billion yen ($19.5 million). (Kyodo)

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Prudential Life Insurance apologizes over defrauding of clients

Prudential Life Insurance Co. President Kan Mabara (far R) bows in apology at a press conference in Tokyo on Jan. 23, 2026, after around 100 of its employees and former employees were found to have improperly borrowed or defrauded clients out of some 3.1 billion yen ($19.5 million).

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Prudential Life Insurance apologizes over defrauding of clients

Prudential Life Insurance Co. President Kan Mabara (R) bows in apology at a press conference in Tokyo on Jan. 23, 2026, after around 100 of its employees and former employees were found to have improperly borrowed or defrauded clients out of some 3.1 billion yen ($19.5 million).

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Prudential Life Insurance apologizes over defrauding of clients

Prudential Life Insurance Co. President Kan Mabara holds a press conference in Tokyo on Jan. 23, 2026, after around 100 of its employees and former employees were found to have improperly borrowed or defrauded clients out of some 3.1 billion yen ($19.5 million).

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Head of failed Daiwa Toshi Kanzai nabbed for fraud

OSAKA, Japan - Hiroshi Tominaga, former president of Daiwa Toshi Kanzai, a failed Osaka-based firm selling mortgage-backed securities, is arrested Nov. 6 on suspicion of defrauding clients out of about 1.1 billion yen, saying the firm was selling them financial products of its affiliates.