The Tokyo Metropolitan Police Department is investigating that it has lent more than 1.3 billion yen to more than 6,3 people nationwide and earned more than 106.26 billion yen in illegal interest in the six years up to last year. Four people were arrested, including Ken Sakai, a 43-year-old company president who lives in Kawaguchi City, Saitama Prefecture.
One of the loan recipients was struggling to make ends meet due to the effects of the new coronavirus and borrowed money to pay for the treatment of a family member.