Yoshiaki Murakami
Encyclopedia
is a Japanese investor known for highly publicized corporate raid
. He was the founder and the former president of M&A Consulting, Inc., usually known as the "Murakami fund".
He was formerly associated with Livedoor
and was indicted in the scandal involving securities law violations.
He was sentenced to two years in prison and fined 3 million yen and a record 1.15 billion yen surcharge for insider trading
in 2004 and 2005, but is currently on bail while further appeals are pending.
Corporate raid
A corporate raid is an American English business term for buying a large interest in a corporation and then using voting rights to enact measures directed at increasing the share value...
. He was the founder and the former president of M&A Consulting, Inc., usually known as the "Murakami fund".
He was formerly associated with Livedoor
Livedoor
is an Internet service provider based in Tokyo, Japan, that runs a web portal and numerous other businesses. The company was founded and led in its first 10 years by Takafumi Horie, known as "Horiemon" in Japan...
and was indicted in the scandal involving securities law violations.
He was sentenced to two years in prison and fined 3 million yen and a record 1.15 billion yen surcharge for insider trading
Insider trading
Insider trading is the trading of a corporation's stock or other securities by individuals with potential access to non-public information about the company...
in 2004 and 2005, but is currently on bail while further appeals are pending.