Seven company officers in Tokyo were arrested for running a new type of loan shark called "salary factoring" that buys salary as a bond in advance and accommodates cash.
The Metropolitan Police Department is investigating that some of the victims have used it because their income has decreased due to the spread of the infection, and that they have earned illegal interest of over 1.3 billion yen so far.
A total of seven men and women were arrested, including Shingo Adachi (34), a corporate officer in Shinjuku Ward, Tokyo.
According to the Metropolitan Police Department, in April last year, he ran an unregistered money lending business under the name of "Seven Lucky Gods" and lent money to 12 people, including office workers in their 40s, who lived in Tokyo at an interest rate 14 to 30 times the legal limit. , There are suspicions such as violation of the investment law.
The seven people bought the salary as a bond in advance and ran a new type of loan shark called "salary factoring" that accommodates the cash after deducting the commission. Some people say, "I've done my best because my income has decreased."
The Metropolitan Police Department is investigating that it has lent 5 billion yen to a total of about 100,000 people nationwide in the two years until May last year and earned illegal interest of over 1.3 billion yen.
In response to the investigation, Adachi admitted the charges and the other six denied them.