WSJ News Exclusive | American Finance Executive Arrested in Tokyo Describes His Ordeal

  • 📰 WSJ
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Prosecutors in Japan have accused Trevor Hill, a rare foreigner to make it to the top ranks of a Japanese brokerage in Tokyo, of a market-manipulation scheme. Hill says he is baffled, angry and ready to fight.

TOKYO—Trevor Hill was sitting down to a takeout dinner with his wife on their moving day into an empty-nester apartment when prosecutors showed up at his door. The 51-year-old American, a rare foreigner to make it to the top ranks of a Japanese brokerage in Tokyo, knew authorities were looking into some trades in his unit. But he had no idea what was about to hit him.

Within hours, Mr. Hill was under arrest, taken to a Tokyo jail to be interrogated without a lawyer present and turned into the subject of wall-to-wall national media coverage. Prosecutors accused Mr. Hill and traders working for him at SMBC Nikko Securities Inc. of a market-manipulation scheme. In an echo of the frenzy over former auto titan Carlos Ghosn’s arrest, Japanese media depicted it as one of the most serious financial offenses of this century.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I love New York..

That was easy but getting through the flaming swords but I'm a pieceof trash and I try to help people who can make a difference and earn something good cuz it's God's Will and I'm His Host...........etc who cares!

Traumatic experiences that I have to think about, you're healed, bye, anyways movin right a lung? Okay, that's kinda hypocritical and ignorant but money solves everything but he'll help u set it up for free. Anyways, next.

I can't wait til my love comes, when will he love me again

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in BUSİNESS

Business Business Latest News, Business Business Headlines