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Takafumi Horie – Japan’s brash dotcom entrepreneur heads to jail

Sporting a mohican haircut and a protest T-shirt, Japan’s maverick internet tycoon Takafumi Horie headed to a Tokyo jail to serve a two-and-a-half-year sentence for accounting fraud.

The flamboyant dotcom entrepreneur – who shook up Japan Inc’s often staid ways with his media-savvy persona and hostile takeover bids – has long insisted he is a victim of the establishment.

Horie, 38, was sentenced by the Tokyo district court in 2007 for falsely reporting a pre-tax profit of five billion yen ($57.83 million at today’s rates) to hide losses at the internet service provider.

Read the rest of the story: Japan’s brash IT tycoon heads to jail.

http://www.youtube.com/watch?v=Ydu_0tJqfGk