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Ginza’s ‘property king’ handed 4-year term for tax evasion

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The Tokyo District Court last month handed Genshiro Kawamoto, a legendary property tycoon, a prison term for tax evasion, reports the Asahi Shimbun (Nov. 20). Between 2009 and 2011, Marugen Group, which Kawamoto presides over, concealed 3.543 billion yen in earnings in evading 1.06 billion yen in taxes. On November…

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Click here to read the full story: Tokyo Reporter

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