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Financial institution manager arrested on suspicion of embezzling ¥106 million

Summary by Japan Today
Police in Kushimoto town, Wakayama Prefecture, have arrested the manager of a financial institution on suspicion of embezzlement by allegedly taking 106 million yen in operating funds from the bank. The suspect, Hiroshi Nitta, 44, is the manager of the Kushimoto branch of the Nagisa Shinkin Fisheries Cooperative Association, TV…

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Japan Today broke the news in Sakado, Japan on Saturday, September 20, 2025.
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