19 May 1933 in Mie Prefecture) is a Japanese businessman and chairman of Tokyo-based bedding supplier Ladies & Gentlemen (L&G).
The company was involved in a pyramid scheme, collecting investments from about 250,000 people in a scam based on sales of exhaust gas removal devices.
[3] In 1973, before the bankruptcy of APO Japan, Nami established Nozakku Co., a company which sold "magic stones" that were claimed to turn tapwater into natural water.
Nami was arrested in September 1978 by Mie Prefectural police on suspicion of fraud, and was sentenced to prison.
[5] Nami was arrested in Tokyo on 4 February 2009 on suspicion of large-scale investor fraud along with twenty-one of his associates.