Now, from the FBI: Japanscam

Hitachi and Mitsubishi fall into a cloak-and-data trap

To all outward appearances, it was a routine business transaction involving a foreign corporation and a Stateside consulting firm. In fact, it turned out to be part of a transcontinental sting operation that snared some of the world's biggest electronics companies.

The climax of the affair came last week after a group of eager, albeit edgy employees of Hitachi Ltd., Japan's fourth largest computer maker, arranged to wire $495,000 into the bank account of Glenmar Associates, a Santa Clara, Calif., electronics consulting firm. The money was...

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