<figure id="attachment_217285" class="wp-caption aligncenter" style="width: 2361px;" aria-describedby="caption-attachment-217285"><a href="#" data-ident_hash="f39ef7e4"><img src="https://res.cloudinary.com/fridaydigital/image/private/t_article_image/wpmedia/2021/11/maruti.jpg" alt=""></a><figcaption id="caption-attachment-217285" class="wp-caption-text">The suspect, Tamai, is known as the &#8220;charismatic pyramid scammer. He is said to have been involved in pyramid schemes for about 10 years, changing products and companies.</figcaption></figure>
 I invested 1.2 million yen because I was told that the rewards would be paid out every day and the principal would not be lost. The amount is different for each of us, but there are many of us who were cheated among our university friends.
On November 9, the Tokyo Metropolitan Police Department arrested seven men and women, including Akira Tamai, 53, a director of the investment company Jubilee Group, on suspicion of violating the Financial Instruments and Exchange Law. The suspects are also suspected of improperly collecting virtual currency between April 2007 and November 2008, with the total damage amounting to 65 billion yen.
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 The total amount of damage was 65 billion yen. The Jubilee Ace sales website was flooded with registrations, attracted by the super high dividends of up to 20% per month. It is said that there are more than 100,000 of them.
A woman in her twenties who has attended more than ten seminars tells us, &#8220;At first, I was suspicious too.
 A woman in her 20s who has attended more than 10 seminars reveals, &#8220;At first, I thought it was suspicious too. However, once I tried it, my money increased easily. I invested for the first time in December 2007, and at that time, it was easy to invest 100,000 yen per unit. The situation changed in July 2008. The situation changed in July 2008, when I was approached by someone who offered me an even better interest rate and asked me if I would like to make a large investment in it. I trusted him easily because I had already been indoctrinated with his success story.
 But by the end of August, I suddenly couldn&#8217;t cash in. By the time I got impatient, it was already too late, and I ended up losing 3.7 million yen. I also introduced my mother to the company, and she invested about 4 million yen. The whole family is at a loss.
One of the characteristics of this case is that many of the victims are young people with no working experience. In addition to popular keywords such as virtual currency and AI, young people jumped at the mention of a &#8220;unique management system. Kazuhide Saijo, president of the relief group &#8220;Fraud Victims Run-In Temple,&#8221; explains.
 He said, &#8220;We have received more than 600 calls for advice, and the percentage of students is much higher than in other fraud cases. The percentage of students is much higher than in other fraud cases. There are many victims who borrowed money through student loans and ended up with debts of over one million yen.
The suspect, Tamai, has been making large sums of money through his vicious methods. In fact, this is not the first time he has been charged with a crime. In November 2001, he was also indicted at home for violating the income tax law and was sentenced to jail, though suspended. A source from his business partner at the time told us.
 In November 2001, he was also charged with violating income tax laws and sentenced to a suspended sentence. He wore a flashy gold suit and talked fluently about his success story. As a top salesman, he often took the stage to explain about his business, and he had the ability to make people think, &#8220;If he&#8217;s right, I might make a profit. In other words, he was a charismatic multi-talented person. Since that time, there has been a &#8216;Tamai Group&#8217; of people who adore Mr. Tamai, and their annual income must have been in the tens of millions.
In recent years, fraud cases related to virtual currencies have become more frequent. Yasuhei Ogawa, a former detective with the Kanagawa Prefectural Police and a crime journalist, says the arrest will not lead to a full investigation of the case.
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 He said, &#8220;Tamai is charged with violating the Financial Instruments and Exchange Law, but I think this is just a gateway to exposing the crime, and the main objective is to build a case for fraud. However, the structure of fraudulent groups has become more sophisticated in recent years, and it is highly possible that Tamai is not the real head of the group. The flow of money should be carefully clarified. It will take time, but it is the only way to eradicate virtual currency crime.
We are still a long way from a true solution.
<figure id="attachment_216533" class="wp-caption alignnone" style="width: 1965px;" aria-describedby="caption-attachment-216533"><a href="#" data-ident_hash="e4c1a0b4"><img src="https://res.cloudinary.com/fridaydigital/image/private/t_article_image/wpmedia/2021/11/IMG-5750.jpg" alt=""></a><figcaption id="caption-attachment-216533" class="wp-caption-text">His social networking site is filled with photos of his extravagant lifestyle as if he were a celebrity. He has been traveling abroad a lot.</figcaption></figure>
<figure id="attachment_216530" class="wp-caption alignnone" style="width: 3581px;" aria-describedby="caption-attachment-216530"><a href="#" data-ident_hash="2ad593ba"><img src="https://res.cloudinary.com/fridaydigital/image/private/t_article_image/wpmedia/2021/11/IMG-5748.jpg" alt=""></a><figcaption id="caption-attachment-216530" class="wp-caption-text">The seminar is always full because of the enthusiastic supporters called &#8220;followers&#8221; who attend. The seminar is always full, with enthusiastic supporters called &#8220;followers&#8221; attending, and the applause and cheers are well-timed (from his Facebook page).</figcaption></figure>
<figure id="attachment_216532" class="wp-caption alignnone" style="width: 3188px;" aria-describedby="caption-attachment-216532"><a href="#" data-ident_hash="d1c1f794"><img src="https://res.cloudinary.com/fridaydigital/image/private/t_article_image/wpmedia/2021/11/IMG-5755.jpg" alt=""></a><figcaption id="caption-attachment-216532" class="wp-caption-text">The Jubilee Group company brochure. The 140-page pamphlet explains in detail how the company operates, but the actual operation is unclear.</figcaption></figure>
From the December 3, 2021 issue of FRIDAY.

 Shinji Hasuo (photo by the prosecutor)

 I invested 1.2 million yen because I was told that the reward would be paid out every day and the principal would not be lost. I invested 1.2 million yen because I was told that the reward would be paid out every day and that the principal would not fall. The amount varies, but there are many people among my university friends who have also been cheated.

 The suspect, Satoru Tamai, was arrested on suspicion of violating the Financial Instruments and Exchange Act. He solicited investors with the promise of a 20% monthly interest rate and collected 65 billion yen!

The reason why so many people were fooled by the “virtual currency man” who caused 65 billion yen in damage

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