The business sphere in Japan has recently seen an alarming rise in 'Fake CEO' scams. Unidentified criminals are posing as top executives and deceiving employees through convincing fake emails and phone calls to manipulate funds into their own accounts. Authorities are currently investigating the instances, which have been increasing in frequency rapidly. The goals behind this crime wave and the identity of those responsible are still unclear.

Overall, this series of events has sent shockwaves throughout the business world in Japan. As a society that values trust and respect in both personal and professional relationships, this kind of deception is taken very seriously. There's also concern about the potential damage to the reputation of Japanese businesses amidst this scam wave. With cybersecurity and legal measures being looked into, it is becoming a matter of urgency to stop these scams.

In the US or EU, such scams often come under the purview of both cybercrime and white-collar crime, with serious legal consequences for perpetrators. Similar to Japan, corporations work with law enforcement and implement stringent cybersecurity measures. However, offshore investigations can become complex due to varying legal jurisdiction and privacy laws.