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20,000 Cases of Improper Investment Trust Sales Found at Japan Post Bank

20,000 Cases of Improper Investment Trust Sales Found at Japan Post Bank

   Tokyo, Sept. 12 (Jiji Press)--Japan Post Bank <7182> improperly sold investment trust products to elderly customers in violation of its rules in a total of some 20,000 cases, informed sources said Thursday.
   An investigation by the Japan Post Holdings Co. <6178> unit newly discovered some 2,000 cases of improper investment trust sales at 200 post offices, the sources said. Most contracts were conducted in fiscal 2018, which ended last March.

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