Japan's Bigmotor Ordered to Suspend 34 Shops Amid Government Inquiry bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Japan's financial watchdog on Tuesday began searches at offices of major used car dealer network Bigmotor Co and casualty insurer Sompo Japan Insurance Inc as part of a high-profile insurance fraud investigation. The Financial Services Agency aims to scrutinize ties between the companies after Bigmotor was found to have charged…
Japan's financial watchdog searches offices of major used car dealer network Bigmotor Co. and casualty insurer Sompo Japan Insurance Inc. as part of a high-profile insurance fraud investigation.
Investigators searched the offices of Bigmotor Co. and Sompo Japan Insurance Inc. on Sept. 19 for evidence substantiating allegations of fraudulent auto insurance claims involving the two companies.