Following accusations of fraud and false information, Livedoor CEO, 33-year-old Takafumi Horie was arrested late Monday at the company’s posh Roppongi Hills office. Three other young, head executives were also booked on similar charges.

This comes about 1 week after prosecutors made the accusation concerning Livedoor and its violation of Japan’s Securities and Exchange Law. Until now, Horie’s walls seemed to be crumbling around him. It appears that it is him who has now fallen. The wheels of justice have been efficient and on an almost rhythmic schedule to get to the investigation’s core.

I am usually the first one to want big business to pay when it cons people. But, my personal emotions are getting in the way on this one. I like “Horiemon”, and as a young person, it’s displeasing to see a young entrepreneur with an alternative business plan, fall from grace. Alas, his bold decisions and tactics may have gotten the best of him. This is unfortunate since, in this new-era, it’s refreshing to see a corporation ran in a different way. Maybe this proves that regardless of the façade, a corporation is still a corporation, heartless, cold, and hell-bent.

I am still optimistic, and while I first and foremostly want to know the truth, I hope Takafumi Horie is not completely guilty. We’ll see as SparkPlugged continues to follow the story as it breaks.

Thoughts anyone?