Nature's Sunshine Japan subsidiary loses $4.8M in wire fraud scheme

NATURES SUNSHINE PRODUCTS INC

Synergy Japan victim of employee impersonation fraud; $4.8M transferred between Feb 1-17, 2023.
Company expects one-time pre-tax charge of up to $4.8M in Q1 2023.
Investigation launched with independent third party; bank and law enforcement contacted for recovery.
No evidence of additional fraud or unauthorized access to consumer data.
Company does not expect material impact on business beyond near-term expenses.

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