Today’s Yakuza are “beggars impersonating gangsters”- they made big money in the bubble years, but now most are below the tax exemption limit. The police have cracked down on most of their rackets, and now outside groups make more with phone/online scams

https://president.jp/articles/-/109980?page=1

3 Comments

  1. SpezLuvsNazis on

    The internet also had a role, their traditional business models were racketeering, gambling, prostitution and loan sharking. The government cracked down on the racketeering and the other businesses largely went online where the yakuza can’t forcibly insert themselves.