Japan teens collared $4 million through swindles: reports

Image
AFP Tokyo
Last Updated : Apr 10 2014 | 5:29 PM IST
Three teenagers believed to be behind scams which raised USD 4 million are being quizzed by Japanese police, reports said today.
The trio, all 17, are thought to have been responsible for a rash of frauds across the country in which they have conned mostly elderly people into parting with large sums of money, reports citing police sources said.
The crimes, known as "It's me" fraud, involve telephoning victims and pretending to be a family member -- for example, a son -- who is in some kind of trouble, perhaps involving debt or lawyers.
Alternatively, the fraudster pretends to be calling on behalf of a family member.
The victim is asked to transfer a sum of money to help solve the problem and prevent their "son" from going to jail or falling victim to mobsters.
Despite repeated police campaigns, an astonishing number of people fall for the trick every year in Japan and elsewhere.
Commentators suggest that the often-fragmented lives of extended families, in which close relatives may not see each other for years, heightens the risks.
Tokyo Metropolitan Police made the latest arrests after a 64-year-old man and his 63-year-old wife were conned into handing over one million yen (USD 10,000) to help their "son" settle a dispute over getting a woman pregnant, broadcaster NHK said.
Officers swooped after another member called back seeking a further one million yen, allegedly to cover legal costs.
Police found 550 bank cards that the boys, from Tokyo and its environs, had used or planned to use to withdraw money wired from their victims' accounts, the Tokyo Shimbun said.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 10 2014 | 5:29 PM IST

Next Story