Author Topic: Yuji Naka Arrested, Facing Insider Trading Charges In Japan  (Read 412 times)

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Offline Shaymin

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Yuji Naka Arrested, Facing Insider Trading Charges In Japan
« on: November 17, 2022, 04:48:32 PM »

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http://www.nintendoworldreport.com/news/62171/yuji-naka-arrested-facing-insider-trading-charges-in-japan

A famous Japanese game developer is facing charges stemming from one of his most infamous works today.

According to a report by the Fuji News Network, former Sega creative lead Yuji Naka has been arrested and charged with insider trading (the act of trading securities, such as stocks, using information not available to the public).

The incident is alleged to have occurred in early 2020 while Naka was working at Square Enix (developing Balan Wonderworld), and two other Square Enix employees have also been charged with insider trading. The trio are alleged to have purchased shares in mobile developer Aiming prior to the announcement of Dragon Quest Tact, a mobile strategy RPG based on the Dragon Quest franchise.

Donald Theriault - News Editor, Nintendo World Report / 2016 Nintendo World Champion
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