Hijackers of Illegal Stock Trades Are Arrested
A joint investigation team of police, including the Metropolitan Police Department, arrested two people with Chinese nationality with suspicion of violating Prohibition of Unauthorized Computer Access Act and Financial Instruments and Exchange Act in late November. Those suspects are doubted as having raised price of stock they held by hijacking someone’s online brokerage account. There have been acknowledged by the police 9.3 thousands of cases, in which illegal trades were made, since January, 2025. It is estimated that 710 billion yen was exchanged with those illegal trades. It marked the first case of arresting hijackers in those cases this year, who have been degrading internet stock trade. Those two Chinese are suspected that they, conspiring with someone, illegally accessed 10 accounts of 10 customers of security companies on March 17 th , 2025. The suspects ordered a large volume of buying or selling shares of a certain company, which was listed on Standard M...