TOKYO -- A Sony Life Insurance employee is accused of funneling $155 million from a subsidiary of the company while working from home, raising questions about the Japanese insurer's oversight of remote workers.
The 32-year-old suspect was arrested Monday on allegations that he improperly wired funds from Bermuda-based SA Reinsurance to a U.S. bank account in mid-May. Working outside the office and away from in-person oversight, the man disguised the transaction as legitimate by falsely claiming to have approval from his boss, according to sources familiar with the investigation.
