- Prudential Life Insurance Japan is facing disciplinary action due to employee misconduct involving embezzlement and sales of unauthorized products.
- Over 100 employees, both current and former, are implicated in the scheme, which reportedly affected around 500 customers and involved over $19 million.
- The CEO of Prudential Life Insurance Japan will resign next month, and regulators are investigating potential negligence by corporate management.

A: Hey! Did you hear about Prudential Life Insurance? It's a mess!

B: No! What’s going on? Tell me!

A: Apparently, some of their employees did really bad things. Like, they stole money from customers.

B: Wow! Seriously? That's terrible! How much money are we talking about?

A: A lot! Over 19 million dollars! It started way back in 1991!

B: That’s crazy! So many years? Did lots of people get hurt?

A: Yeah, about 500 customers were affected. They were selling things they shouldn't have and even borrowing money!

B: That's so unprofessional. What's happening now?

A: The government agency, the Financial Services Agency, is going to take action. They want Prudential to figure out why this happened and fix it.

B: And the leader? What about the boss?

A: He’s resigning next month. He feels responsible, I guess.

B: Poor customers. Hopefully, they'll get their money back.