Manga Artist Kurumada Says Ex-Manager, Others Embezzled 4.6 B. Yen

Renowned manga artist Masami Kurumada has filed a lawsuit alleging that his former manager and other associates embezzled 4.6 billion yen from his companies. A significant portion of the funds remains unrecovered, and the artist expressed deep betrayal regarding the incident.
Why it matters
The case highlights the vulnerability of high-profile creators to financial mismanagement and the importance of oversight in copyright management firms.
Tokyo, Sept. 2 (Jiji Press)--Japanese manga artist Masami Kurumada said Wednesday that a former executive of three companies Kurumada heads, along with other individuals, allegedly embezzled about 4.6 billion yen.
The former executive also served as Kurumada's manager. Kurumada is best known as the creator of the popular manga series "Ring ni Kakero" and "Saint Seiya."
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