U.S. files action to return $150 Million in alleged embezzled funds to Sony

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Rei Ishii, an employee of Sony (NYSE:SONY) Life Insurance Company Ltd in Tokyo, allegedly embezzled the property in May and converted it to more than 3,879 Bitcoins valued today at more than $180 million, the department said in a statement.

Those funds were seized by law enforcement on Dec. 1, based on the FBI investigation, it said.

Ishii allegedly falsified transaction instructions, causing the funds to be transferred to an account he controlled at a bank in La Jolla, California, and converted them to Bitcoin, according to the complaint filed in federal court in the Southern District of California.

“All the Bitcoins traceable to the theft have been recovered and fully preserved. Ishii has been criminally charged in Japan,” the Justice Department said.