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Taisho Life execs held in fraud case.

Yomiuri Shimbun/Daily Yomiuri

| August 29, 2000 | COPYRIGHT 1999 Yomiuri Shimbun. (Hide copyright information)Copyright

Taisho Life execs held in fraud case Yomiuri Prosecutors arrested two board members of Taisho Life Insurance Co. on Monday on suspicion of swindling the company out of 8.5 billion yen. The special investigation squad of the Tokyo District Public Prosecutors Office arrested Yoshihiko Kokura, 39, and Takashi Yamaguchi, 49. They also searched the company's head office in Chiyoda Ward, Tokyo, the homes of the two suspects and other locations for evidence. Kokura is the president of Claremont Capital Holding Inc., a Tokyo-based investment firm that became Taisho's largest shareholder when it bought new shares offered by the insurer to increase its capital. Kokura has served as a …

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