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Hirotsugu Mizuno

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CALIFORNIA | LOCAL
February 27, 1987 | BILL SING, Times Staff Writer
Hirotsugu Mizuno, charged last week with embezzling $44.9 million from Mitsubishi Bank in Los Angeles and using the funds to play the stock market, has been working for a small securities firm in Japan for more than a year. Mizuno, who was fired from his executive post at Mitsubishi after the bank discovered his illegal scheme in October, 1984, took a job with Tokyo-based Toichi Securities in January, 1986, a Toichi official confirmed Thursday.
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CALIFORNIA | LOCAL
February 27, 1987 | BILL SING, Times Staff Writer
Hirotsugu Mizuno, charged last week with embezzling $44.9 million from Mitsubishi Bank in Los Angeles and using the funds to play the stock market, has been working for a small securities firm in Japan for more than a year. Mizuno, who was fired from his executive post at Mitsubishi after the bank discovered his illegal scheme in October, 1984, took a job with Tokyo-based Toichi Securities in January, 1986, a Toichi official confirmed Thursday.
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CALIFORNIA | LOCAL
February 23, 1987 | BILL SING, Times Staff Writer
By Japanese or American standards, Hirotsugu Mizuno was on a fast track. A whiz kid graduate of one of Japan's finest universities, he seemed to have it made: a management job, with many promotions, at one of Japan's most respected banks. He was, some colleagues thought, destined to rise near the top. But amid this appearance of perfection, Mizuno had developed a minor character flaw: a propensity to gamble on horse racing, and not very successfully at that.
CALIFORNIA | LOCAL
February 23, 1987 | BILL SING, Times Staff Writer
By Japanese or American standards, Hirotsugu Mizuno was on a fast track. A whiz kid graduate of one of Japan's finest universities, he seemed to have it made: a management job, with many promotions, at one of Japan's most respected banks. He was, some colleagues thought, destined to rise near the top. But amid this appearance of perfection, Mizuno had developed a minor character flaw: a propensity to gamble on horse racing, and not very successfully at that.
NEWS
February 20, 1987 | TERRY PRISTIN, Times Staff Writer
A former Los Angeles executive of Mitsubishi Bank of California was charged Thursday with embezzling nearly $45 million through a pyramid-type scheme in which he created more than $946 million worth of bogus loans and loan renewals, Dist. Atty. Ira Reiner said. Reiner said Hirotsugu Mizuno, 44, a former senior vice president with Mitsubishi, now believed to be in Japan, diverted money through 135 phony transactions in order to play the stock market and pay off large race track gambling debts.
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