Ageing Japanese prove rich pickings for investment fraud
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Tokyo
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 households to shift more of their 1,654 trillion yen (S$18.73 trillion) in assets out of savings accounts and into investments that boost the economy.
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