Mt. Gox Questioned By Employees For At Least 2 Years Before Crisis 134
Rambo Tribble (1273454) writes "Reuters reports that Mt. Gox employees began to question the handling of funds at least two years ago. Although only CEO Mark Karpeles had full access to financial records, a group of a half-dozen employees began to suspect client funds were being diverted to cover operating costs, which included Karpeles' toys, such as a 'racing version of the Honda Civic imported from Britain.' Employees confronted Karpeles in early 2012, only to be given vague assurances with a 'pay no attention to the man behind the curtain' ring. Unfortunately, since Mt. Gox was not regulated as a financial institution under Japanese law, it is unclear what recourse might be gained in pursuing this question."
Re:Now we'll find out something (Score:5, Informative)
He imported a Civic, not an Accord. There are two cars called the "Civic Type R", one of which is made in Japan (and also sold in the US) and the other is made in England (and sold in Europe). The former looks like this:
http://www.allvehicles.co.uk/c... [allvehicles.co.uk]
The latter looks like this:
http://upload.wikimedia.org/wi... [wikimedia.org]
Re: Easy (Score:5, Informative)
Wrong on many levels (Score:4, Informative)
You know things are really screwy when Japanese cars are being imported from Britain to Japan.