Hokkaido police have arrested an unemployed man in his 70s from Sapporo on suspicion of fraud for allegedly swindling approximately 10 million yen in cash from an elderly man by promoting fictitious real estate investments with promises of high dividends. The police believe the man used similar methods to collect money from several other individuals, and the total damage is estimated to be at least tens of millions of yen. This information was gathered through interviews with individuals involved in the investigation.
