Five 64-year-old suspects who claimed to be investment analysts, saying, "If you entrust the management of stocks, you will pay dividends and repay the principal." Was re-arrested on suspicion of fraud.
The Metropolitan Police Department is investigating that it has collected a total of 8 billion yen from about 1,500 people.
Five people were re-arrested, including Seisuke Shiraishi (64), an unemployed person in Itabashi Ward, Tokyo, and Hiroko Yamashita (48), the president of Ripurasu, a consulting company in Minato Ward.
According to the Tokyo Metropolitan Police Department, he lied to six men and women living in Tokyo, saying, "If you entrust the management of stocks, you will pay dividends and repay the principal one year later." There is a suspicion of fraud for deceiving.
The five were arrested on the 3rd of this month on suspicion of violating the Financial Instruments and Exchange Act for soliciting investment without registration in the country.
Of these, Shiraishi called himself an investment analyst and had been collecting capital by holding seminars for high-income office workers and women for about four years, but he made a large loss in investment. From the beginning, it seems that the money collected was used as it was for dividends, so-called bicycle operation.
The Metropolitan Police Department is investigating that it has collected a total of 8 billion yen from about 1,500 people so far.
The approval or disapproval of the five people has not been disclosed.