Terrie Lloyd is a Tokyo-based New Zealand and Australian dual national who claims to have started 27 companies in Japan. He came to Japan in 1983 and set up a successful outsourcing business that was sold to EDS. He started a technology magazine, called Japan Inc, which failed. In 2007, he bought Metropolis magazine from its founders, Mark & Mary Devlin, but reneged on paying them for it. He has since engaged in multiple frauds to hide his assets from the Devlins.