Feeds

Embezzler stings IBM, Microsoft in Japan

Worker fired by Big Blue, repeated naughtiness at house of Windows

Secure remote control for conventional and virtual desktops

A former IBM Japan employee who stole nearly £1 million from Big Blue has been arrested in Tokyo on suspicion of embezzling £100,000 from his new employer, Microsoft Japan.

Yoshiyuki Ikutani, 48, who hails from the capital, worked for a year at IBM Business Consulting Services, but pocketed most of the fee he charged clients instead of sending it to his employer, according to MSN (via RocketNews24).

Although it’s thought he may have swiped as much as ¥300m (£2m) from firms since 2005, the authorities have apparently gone for the lower hanging fruit, charging him with embezzling ¥130m (£870,000) from 12 bank transfers over the April 2008-April 2009 time frame.

Ikutani allegedly even hired actors from a local talent agency in a desperate attempt to evade detection. He’d apparently get them to pretend to be clients and apologise to his employer for late payment of fees.

After IBM Business Consulting Services was merged with IBM Japan, the new firm began to investigate the alleged serial embezzler, but by that time he was already at Microsoft Japan, and up to the same tricks.

At Redmond's Japanese outpost he managed to pocket ¥15 million (£100,000) illegally, apparently by setting up a fictitious consulting company and forging the signature of the imaginary president on bank transfers.

Ikutani was fired from Microsoft in September 2011 but it’s taken up until now for the local plod to catch up with him.

He apparently invested the embezzled funds in various private ventures including foreign exchange trading. ®

Intelligent flash storage arrays

More from The Register

next story
MI6 oversight report on Lee Rigby murder: US web giants offer 'safe haven for TERRORISM'
PM urged to 'prioritise issue' after Facebook hindsight find
Assange™ slumps back on Ecuador's sofa after detention appeal binned
Swedish court rules there's 'great risk' WikiLeaker will dodge prosecution
You think the CLOUD's insecure? It's BETTER than UK.GOV's DATA CENTRES
We don't even know where some of them ARE – Maude
NSA mass spying reform KILLED by US Senators
Democrats needed just TWO more votes to keep alive bill reining in some surveillance
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Go beyond APM with real-time IT operations analytics
How IT operations teams can harness the wealth of wire data already flowing through their environment for real-time operational intelligence.
The total economic impact of Druva inSync
Examining the ROI enterprises may realize by implementing inSync, as they look to improve backup and recovery of endpoint data in a cost-effective manner.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.