Sony Accused Of Embezzlement Of $ 154 Million

Sony accused of embezzlement of $ 154 million, US took major action. The United States on Monday filed a complaint against Tokyo-based Sony Corporation.

The complaint has been filed against Sony for returning $154 million allegedly stolen from a subsidiary.

Giving information, the US Justice Department said that the investigation of the case was handed over to the FBI. After this, taking the matter seriously, confiscation action was taken.

The US Department of Justice reported that the case was processed by law enforcement only on December 1 based on an FBI investigation.

Sony accused of embezzlement of $ 154 million: Funds converted into over 3,879 bitcoins.

The department said in a statement that Ri Ishii, an employee of Sony Life Insurance Co Ltd in Tokyo, allegedly embezzled assets in May.

Ishii then converted this fund into over 3,879 bitcoins. The department says that currently, the value of funds converted to bitcoin is more than $180 million in the market.

Transaction rules are broken.

According to the complaint filed in the Federal Court of the Southern District of California, Ishii made a wrongful transaction.

Also, breaking all the rules, he went against the company rule and transferred the fund. The court noted that Ishii transferred the funds to La Jolla Bank in California and converted them into bitcoin.

Law enforcement seized funds.

At the same time, while giving information, the US Department of Justice said that all the stolen bitcoins have been recovered. The court noted that the FBI had already started the investigation.

Those funds were confiscated by law enforcement on December 1 itself, based on an FBI investigation. Funds are completely safe. Accused Ishii has been booked under criminal charges in Japan.

Those who invested in MapmyIndia’s IPO became rich, the listing of shares was great.

Shares of MapmyIndia performed well on Tuesday. The company’s shares were listed on the NSE at a premium of over 51% to Rs 1,565 per share as compared to the issue price of Rs 1,033.

Whereas the shares of MapmyIndia started trading at Rs 1,581 per share on BSE.