Yuji Naka, other Square Enix employees arrested for insider trading

yuji-naka-sonic-square-enix-1077328.jpeg

Authorities are cracking down on Square Enix employees following allegations of insider trading. The Tokyo Prosecutor's Office has arrested three former Square Enix workers, claiming that they used insider knowledge to invest in a gaming studio prior to the public reveal of their latest project. Reportedly, Fumiaki Suzuki, Taisuke Sasaki, and Yuji Naka, the latter known as the creator of Sonic the Hedgehog, had insider information on an upcoming mobile game, Dragon Quest Tact, and used it to heavily invest in stock shares of the developer, Aiming Co., prior to the official announcement.

Square Enix released a statement on the matter, saying that they are currently working with the police in their investigation to "clarify the facts", while also taking disciplinary action against the accused employees. According to Japanese media outlets, Naka purchased around 10,000 shares of Aiming for 2.8 million yen total, while Sasaki and and Suzuki bought a combined 162,000 shares at about 47.2 million yen.

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Flame

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This screams Set up job. Yuji barely even worked for Square long enough to even be part of this. Yuji has been squares fall guy for a frick ton of BS lately. And his blowing open how Square made Balan a forced failure.

Could very well be a set-up.

how could it be a set up? people who do inside trading very knew what they doing. white collar criminals are smarter people then your average criminal Joe.

I mean he created Sonic. the biggest con in gaming history.
 

Rahkeesh

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how could it be a set up? people who do inside trading very knew what they doing. white collar criminals are smarter people then your average criminal Joe.

I mean he created Sonic. the biggest con in gaming history.

The real con is that he didn't! That's Ohshima and Yasuhara. Naka was just a programmer!
 

eyeliner

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Yuji should have been arrested for Balan Wonderworld, not this. If he has been, he wouldn't do this.

See? Prison can be a good thing.
 

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