Member-only story
Former Company President Arrested in Fake Trading Card Scheme
The former president of a company linked to Animate is behind bars for selling fake Pokemon and Yu-Gi-Oh! trading cards.
By Himari Semans
Police have arrested the now-ex-president of a card trading business. The charge? Scamming his own company to pay for vacations with women and fund his luxurious lifestyle.
Last week’s arrest
Tokyo Metropolitan Police 2nd Investigation Division arrested Nishiura Keiichiro, 48. Nishiura is the former company president of card trading company C-Labo, founded in 2004. Police arrested him for violating the Companies Act on November 15th.
Nishiura, a Koto Ward resident, reportedly stole ¥180 million ($1,203,015 USD) from his now-former employer. C-Labo is an associate company of anime retail company Animate.
Nishiura reportedly cooked the books to fake a company purchase of over 40 thousand secondhand anime trading cards from a male accomplice. The fake purchase included Pokémon and Yu-Gi-Oh! cards. Market value and trading…