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Ageing Japanese prove rich pickings for investment fraud

People over 60 were the victims in more than 90 per cent of the 1,875 cases of fraud in financial instruments identified by the National Police Agency in 2013, the most recent figures show.


A GROWING number of retirees in Japan are falling victim to fraud, underscoring a downside of promoting personal investment in the world's most aged nation.

Combating the problem is a rising challenge for the government of Prime Minister Shinzo Abe, as it encourages Japanese