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Post office boss forged nearly 5 million yen to hide embezzlements PDF Print E-mail
Friday, 15 February 2008

ODATE, Akita -- A post office director was arrested Friday for forging about 490 10,000-yen notes in an attempt to cover up embezzlements from his post office, police said.

Yoshitaka Saito, 48, director of the Odate Tokiwagicho Post Office in Odate, stands accused of counterfeiting currency. He has told investigators that he forged the bills to make up for the money he'd stolen.

Saito used his personal computer and a color scanner to counterfeit about 490 10,000-yen bills in early February, local police said. The bills were based on an old 10,000 yen note design that has no anti-counterfeiting hologram.

The city's main Odate Post Office discovered the counterfeits when a bill counting machine rejected almost 5 million yen in cash collected from the Tokiwagicho Post Office.

Mainichi News Copyright 2005-2006 THE MAINICHI NEWSPAPERS. All rights reserved. Mainichi features the best news in Japan, current news in Japan, Japan news in English, Japan business news, Tokyo Japan news, and Japan entertainment news. Mainichi News is syndicated in accordance with editorial regulations: personal and noncommercial purposes.
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