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Japanese police renewed warnings about fake investment websites that display large profits to lure victims, even as the Nikkei 225 stock average climbed to record levels. Losses from such scams surged ¥55.5 billion from the previous year to a record ¥182.7 billion in 2025, according to Tokyo's Metropolitan Police Department.
Japan TimesThe Nikkei 225 stock average hit record highs even as Japanese police renewed calls for vigilance against online investment scams. The closing figure of the Nikkei 225 stock average was displayed outside a securities firm in Tokyo on Friday. Police are particularly concerned about fake websites that display large profits and encourage additional investments.
7 billion in 2025. 5 billion from the previous year, according to Tokyo's Metropolitan Police Department and other sources. Japan Times reported the figures mark a record high for such fraud.
"There are probably victims who are still unaware that they have been cheated," a senior police official said. The warning comes directly amid the surge in stock prices that has drawn more investors into the market. Police have focused their alerts on websites mimicking legitimate trading platforms.
The scams typically operate by showing users fabricated gains to build trust before soliciting larger sums. Victims are often persuaded to deposit more money under the promise of even higher returns that never materialize. Japan Times reported that authorities have stepped up public warnings as the Nikkei 225's gains have increased public interest in investing.
The combination of record stock performance and record scam losses illustrates the dual nature of heightened market activity in Japan. While the Nikkei 225's climb has generated legitimate wealth for many, it has also created conditions exploited by fraudsters. Police continue to urge investors to verify website legitimacy before committing funds.
Japanese authorities have not released a specific number of victims for 2025. 7 billion in losses. Officials have emphasized that individuals who wired money to suspicious sites should contact police even if they have not yet attempted to withdraw supposed profits.
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