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2024-03-29T11:01:18Z
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Yakuza boss charged with ordering hit on manager of car dealership who was slashed with Japanese sword
https://gangstersinc.org/profiles/blogs/yakuza-boss-charged-with-ordering-hit-on-manager-of-car-dealershi
2018-10-20T08:45:06.000Z
2018-10-20T08:45:06.000Z
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<div><p><a href="http://gangstersinc.ning.com/profiles/blogs/yakuza-boss-charged-with-ordering-hit-on-manager-of-car-dealershi" target="_blank"><img class="align-center" src="{{#staticFileLink}}9237115670,original{{/staticFileLink}}" alt="9237115670?profile=original" width="600" /></a>By Gangsters Inc. Editors</p>
<p>Using a katana sword to whack a debtor? That kind of stuff only happens when the Japanese Mafia is involved. Yakuza boss Kim Yeong-cheol (photo above) was arrested last week by police and charged with ordering just such an attack on a used-car dealership manager in November of 2017. Kim is a leader of the Inagawa-kai, one of <a href="http://gangstersinc.ning.com/profiles/blogs/yakuza-overview" target="_blank">Japan’s most powerful crime groups</a>.</p>
<p>His indictment follows the previous arrest of two of his underlings in June. Security camera footage caught three men wearing ski masks enter the manager’s office late in the afternoon on November 9 of last year. They sprayed the man’s face with tear gas before one of them pulled out a Japanese sword and slashed the manager’s stomach, the <a href="https://www.tokyoreporter.com" target="_blank">Tokyo Reporter</a> states.</p>
<p>With the man wounded and bleeding, the mobsters left with 500,000 yen and two cell phones. The manager was later transported to the hospital and is expected to recover. 71-year-old Kim denies any involvement in the attack, telling police: “I have absolutely no connection [to the matter].”</p>
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Japan’s banks can reject loans to Yakuza gangsters
https://gangstersinc.org/profiles/blogs/japan-s-banks-can-reject-loans-to-yakuza-gangsters
2018-01-05T10:32:47.000Z
2018-01-05T10:32:47.000Z
Gangsters Inc.
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<div><p><a href="http://gangstersinc.ning.com/profiles/blogs/japan-s-banks-can-reject-loans-to-yakuza-gangsters" target="_blank"><img class="align-center" src="{{#staticFileLink}}9237011873,original{{/staticFileLink}}" alt="9237011873?profile=original" width="510" /></a>By David Amoruso</p>
<p>Yakuza mobsters looking for money need to find a loan shark with good rates, because Japanese banks will reject many of them when they apply for loans. As of yesterday, the Japanese Bankers Association stated that its branches will be able to screen individual loan seekers using the National Police Agency’s database of members of organized crime.</p>
<p>Organized crime in Japan is dominated by the <a href="http://gangstersinc.ning.com/profiles/blogs/yakuza-overview" target="_blank">Yakuza</a>, the country’s homegrown <a href="http://gangstersinc.ning.com/profiles/blog/list?tag=Mafia" target="_blank">Mafia</a>, which is involved in all the mob-staples such as extortion, gambling, drug trafficking, prostitution, and, of course, loansharking.</p>
<p>In recent years, authorities have cracked down on Yakuza activities by introducing tougher laws and placing gangsters under increased police scrutiny. This has caused a major blow to the group’s influence and resulted in a <a href="http://gangstersinc.ning.com/profiles/blogs/japan-s-yakuza-membership-continues-to-rapidly-decline" target="_blank">declining membership</a> and a split within its largest and most powerful clan, the <a href="http://gangstersinc.ning.com/profiles/blogs/yakuza-boss-yoshinori-watanabe" target="_blank">Yamaguchi-gumi</a>, which is now divided and involved in an internecine gang war.</p>
<ul>
<li><strong>Read: <a href="http://gangstersinc.ning.com/profiles/blogs/yakuza-mob-boss-bludgeoned-to-death-outside-his-home" target="_blank">Yakuza mob boss bludgeoned to death outside his home</a></strong></li>
</ul>
<p>The added screening measures follow a huge 2013 banking scandal involving the Mizuho Bank, one of Japan’s biggest financial institutions, which was found to have made 230 transactions with individuals with connections to the <a href="http://gangstersinc.ning.com/profiles/blog/list?tag=Yakuza" target="_blank">Yakuza</a>. The total amount of loans came down to 200 million yen.</p>
<p>With this new screening banks can connect to the police database through the government-affiliated Deposit Insurance Corporation of Japan. If the person comes up in the database, the local police department will be asked to conduct further identification. If they confirm the person is an associate or member of the Yakuza, the bank can reject the loan.</p>
<p>That will leave these gangsters with no other option than to take to the streets and find a friend to offer them a loan. Such a loan, however, will be difficult to use to pay for a house. Of course, in money laundering 101 there are plenty of ways around such financial blockades. Just ask any CEO of a Fortune 500 company. </p>
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