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HomeWorld NewsLiberia: Tokyo Police Arrest UP Government Operative in Cash Swap Swindle

Liberia: Tokyo Police Arrest UP Government Operative in Cash Swap Swindle

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Japan — FrontPageAfrica has gathered a Liberian, Joe Kpoto, has been arrested in Japan for reportedly duping a Japanese businessman of over $ 83,000 after giving him fake gold.

In recent months, Kpoto was reportedly involved in scouting investment opportunities for the government and was a prominent feature on a number of President Boakai’s travels.

Kpoto is accused of carrying out the scheme on Oct. 25, 2023, at around 1 p.m. at a restaurant in Tokyo’s Chiyoda Ward. He allegedly posed as a business consultant during a meeting with the 62-year-old company executive, who had been approached by a Japanese broker for the purchase of about 1 kilogram of gold grains.

The incident is said to have happened last year. Mr Kpoto then left Japan, but was arrested upon his return to the country this week.

According to the Japan Times, Kpoto is accused of carrying out the scheme on Oct. 25, 2023, at around 1 p.m. at a restaurant in Tokyo’s Chiyoda Ward. He allegedly posed as a business consultant during a meeting with the 62-year-old company executive, who had been approached by a Japanese broker for the purchase of about 1 kilogram of gold grains.

The victim was reportedly asked to bring ¥13 million in cash to the meeting. Once the victim handed over the money to him in a paper bag, Kpoto allegedly pretended to count it under the table, replacing it with notepads resembling bundles of banknotes. He then sealed the bag with adhesive tape to prevent the victim from noticing the swap.

The executive later had the supposed gold grains appraised, only to discover they were copper coated in gold paint. When he rushed back to the restaurant, Kpoto had already fled. The victim then discovered the paper bag in his possession contained only notepads.

Authorities say Kpoto left Japan the day after the incident but was apprehended at Haneda Airport when he reentered the country at the airport on Wednesday.

Police are currently tracking another foreign national who was reportedly present during the transaction in October last year.

This is a developing story…



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