U.S. says son of ex-Nissan boss Ghosn made cryptocurrency payments for escape from Japan

By Nate Raymond BOSTON (Reuters) - The son of former Nissan Motor Co chairman Carlos Ghosn made about $500,000 in cryptocurrency payments to one of the two Massachusetts men who helped him escape from Japan, U.S. prosecutors said in a court filing.

Reuters July 24, 2020 00:12:05 IST
U.S. says son of ex-Nissan boss Ghosn made cryptocurrency payments for escape from Japan

US says son of exNissan boss Ghosn made cryptocurrency payments for escape from Japan

By Nate Raymond

BOSTON (Reuters) - The son of former Nissan Motor Co <7201.T> chairman Carlos Ghosn made about $500,000 in cryptocurrency payments to one of the two Massachusetts men who helped him escape from Japan, U.S. prosecutors said in a court filing.

Federal prosecutors in filing late on Wednesday said the payments went to Peter Taylor after he and his father, U.S. Army Special Forces veteran Michael Taylor, helped Ghosn flee in a box and private jet to avoid facing financial charges.

The cryptocurrency, or digital currency, payments from Ghosn's son, Anthony Ghosn, were on top of $862,500 Ghosn himself had wired to a company Peter Taylor managed in October, two months before his Dec. 29, 2019 escape, prosecutors said.

Prosecutors detailed the payments in a filing arguing against the Taylors' latest bid to be released on bail. They have been in jail since their arrests in May at the request of Japan, which is seeking their extradition.

U.S. prosecutors cited the money in arguing that both the elder Taylor, a private security specialist, and his son pose a severe flight risk, saying they "now have access to Ghosn's vast resources with which to flee."

Prosecutors cited a recent TV interview Ghosn gave in which he said he was helping everyone who stood with him.

The Taylors' lawyers did not respond to requests for comment. A spokeswoman for Ghosn declined to comment.

Ghosn fled to Lebanon, his childhood home, after being charged with engaging in financial wrongdoing, including by understating his compensation in Nissan's financial statements. He denies wrongdoing.

The Taylors argue the charges against them are fatally flawed as the Japanese penal code does not make it a criminal offense to help someone "bail jump" unless that person is in custody.

A federal judge will hear arguments on their latest bid for bail on Tuesday.

(Reporting by Nate Raymond in Boston; Editing by Tom Brown)

This story has not been edited by Firstpost staff and is generated by auto-feed.

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