An unemployed man from Tokyo was arrested again on suspicion of defrauding a man in Kochi Prefecture of 12 million yen in cash by offering a fictitious investment story.

The suspect who was re-arrested is So Hariu (40), an unemployed man from Koto Ward, Tokyo.

According to an investigation by Kochi Minami Police Station, in February 2018, Haryu approached a male acquaintance in his 50s living in Kochi City with a fictitious “virtual currency investment story” and said, “I’ll make the investment on your behalf because I can make a profit.” He is suspected of having lied, saying, “I will,” and defrauding him of a total of 12 million yen on four separate occasions.

Hario was arrested on November 6th on another charge of fraud against this man, and during the investigation, it was revealed that he was now suspected of defrauding the man of 12 million yen.

It is believed that Hario used the 12 million yen he defrauded for living expenses. The suspect Hariou reportedly made a statement to the effect that “I lied, but I did not intend to defraud.”

Police are continuing to investigate the matter, as the man reportedly sent money to Hario multiple times.