Brief: Prudential Financial's Japan Operations Suspected Of Fraud At Gibraltar Life Unit, Nikkei reports
21/04/2026 22:48
April 22 (Reuters) - The Nikkei newspaper - PRUDENTIAL FINANCIAL'S JAPAN OPERATIONS SUSPECTED OF FRAUD AT GIBRALTAR LIFE UNIT A SECOND JAPANESE UNIT OF PRUDENTIAL FINANCIAL SUSPECTED OF SEEING DOZENS OF INSTANCES OF MISCONDUCT BY FORMER EMPLOYEES DURING INVESTIGATION, CASES SURFACED WHERE FORMER EMPLOYEES OF GIBRALTAR LIFE INSURANCE, SUSPECTED OF MISHANDLING CUSTOMER FUNDS, SAY SOURCES CASES AT GIBRALTAR ARE SUSPECTED INCIDENTS THAT HAVE YET TO BE CONFIRMED COMPENSATION COMMITTEE WILL EXAMINE EACH CASE AT GIBRALTAR TO DETERMINE WHETHER RESTITUTION IS NEEDED & HOW MUCH FINANCIAL SERVICES AGENCY HAS LAUNCHED AN ON-SITE INSPECTION OF PRUDENTIAL HOLDINGS OF JAPAN Further company coverage: PRU.N ((Reuters.Briefs@thomsonreuters.com;))
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