Horiemon
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- Live Door, and it looks like most likely the former
company president, Takafumi Horie, were engaged in serious
"financial irregularities":
- Faked purchase of "Money Life" magazine to make it look like Live
Door's subsidiary Live Door Marketing was achieving excellent
financial results; the aim was to acquire a large fund of capital
via a complex stock market strategy.
- Faked accounts of the main company to make it appear that a large
loss was in fact a substantial profit, in support of an attempt to
buy or establish a professional baseball franchise.
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