Key Facts
• November 11, 2025: CEO Yuta Sato and two others arrested for unregistered stock solicitation.
• $110 million collected from May 2019 to September 2022 under the guise of stock sales.
• Arrested individuals include Yuta Sato (41), Hiroko Iizuka (67), and Kazunori Koshida (61).
• Allegations involve soliciting stock purchases from four individuals aged 40–70 without proper registration.
• Police investigation began in October 2021 after a victim reported losing contact with the company.
• Seminars falsely promised future stock listing and massive valuation increases.
• No stock listing occurred; fraud charges are being considered by authorities.
Summary
Authorities in Fukuoka and Nagasaki arrested three individuals, including AI smart camera company CEO Yuta Sato, for violating financial regulations by soliciting unregistered stock purchases. Between 2019 and 2022, the group allegedly collected $110 million from investors under false pretenses, promising future stock listings and significant valuation increases. The investigation began after a victim reported losing contact with the company in 2021. Police are now considering fraud charges as the promised stock listing never materialized.
