Japan's e-money service fraud widens, 5 other operators involved

Fraudulent e-money withdrawals in Japan have expanded to five other service operators in addition to NTT Docomo Inc., internal affairs minister Sanae Takaichi said Tuesday.All the five firms found improper withdrawals from accounts at Japan Post Bank Co. Among the five, Z Holdings Corp., a subsidiary of mobile phone operator SoftBank Corp., said it has found 17 cases of fraudulent money withdrawals totaling 1.41 million yen ($13,400) through its smartphone payment service PayPay.Tokyo-based startup Kyash Inc. was another company hit by fraudulent withdrawals, according to the bank. It decli…READ FULL ARTICLE