Capcom Under Investigation For Fraud

Kotaku are reporting from news found on Yahoo Japan that Osaka based Capcom is currently under criminal investigated by the city’s Tax Bureau for fraud. The company failed to report approximately 5.12 billion yen (US $44 million) over six years. The penalty for this is a thater stiff 1.2 billion yen (US $10 million).

Kotaku comment that this is serious stuff, indeed. Wish we could say the company was focusing on the new Biohazard or Mega Man, but that would as true as Capcom’s last tax report. They were focusing on money. How to get it, hide it and keep it. That’s business no doubt, but failing to report millions to the government is downright dirty.

Capcom already mentioned this in their recent filings and have stated that they will fight it.