Osaka based Capcom is currently under criminal investigated by the city’s Tax Bureau for fraud. The company failed to report approximately 5.12 billion yen (US $44 million) over six years. The penalty is a stiff 1.2 billion yen (US $10 million). Serious stuff, indeed. Wish we could say the company was focusing on the new Biohazard or Mega Man, but that would as true as Capcom’s last tax report. They were focusing on money. How to get it, hide it and keep it. That’s business no doubt, but failing to report millions to the government is downright dirty. Kotaku Source : http://headlines.yahoo.co.jp/hl?a=20060331-00000251-kyodo-soci
Joy. Enron style accounting has branched out into the game industry... Well, at least if the assets get sold off, Dot50Cal might be able to get his hands on a copy of RE 1.5. :lol:
A weird time for Capcom. Click Me Seriously though, the fine is only about a quarter of the error -- I don't think that is extremely reasonable.
What with all the pachinko and gambling companies buying up formerly glorious gaming companies, I think the whole gaming industry is run by crooks now. :-/
I think we could suggest they are working hard on more games, it's just rarely the people working hard on the games also control the cash.
Hmm, this could be just what the industry needs to help circumvent the massive studio consolidation over the past couple of years and help small indie developers get back into console development. Nah, I'll just wait for IGT to buy out EA. :icon_bigg
