The Tokyo Reporter: Yakuza accused in ¥1.5 billion fraud extradited from Thailand to Japan

The Tokyo Reporter:

Japanese organized crime member accused of fraud was extradited from from Thailand to Japan on Monday evening, reports Nippon News Network.

Shinichi Nagata, a 33-year-old member of the Sumiyoshi-kai, is scheduled to arrive in Japan on Tuesday. Tokyo Metropolitan Police are then expected to arrest him.

On February 28, Thai police took Nagata into custody in Pattaya, Chonburi Province on charges of overstaying his visa.

Nagata, for whom an arrest warrant had been issued by Tokyo police, is alleged to have swindled a woman in Osaka out of 85 million yen in the sale of fake corporate bonds. The suspect fled to Thailand in November of last year.

Nagata is a part of a crime ring that targets the elderly. Thus far, police have arrested 24 Sumiyoshi-kai members for participation in the fraud, which is believed to have totaled 1.5 billion yen in damage to the victims.

The suspect told TV Asahi that he is not a member of an organized crime group.

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