Seven people, including the president of a company in Tokyo, were arrested on suspicion of violating the Investment Law, alleging that they made payments with a credit card under the guise of buying and selling goods and then lent money at a high interest rate by cashing back some of them. rice field.
The Metropolitan Police Department is investigating that it has lent more than 2.3 billion yen so far and has earned illegal interest of over 900 million yen.
Seven people were arrested, including Yukio Fujita (41), the president of the company "Trust of Five" in Setagaya-ku, Tokyo, which runs an antique dealer.
According to the Metropolitan Police Department, it will lend to five men and women in Tokyo at an interest rate of 26 to 80 times the legal upper limit for about one year until February last year, and the total illegal interest will be over 1.2 million yen. There is a suspicion of violating the investment law as a result.
It is said that the seven people were actually running loan sharks by pretending to buy and sell personal computers and making payments with credit cards, and then cashing back some of the products under the pretext of being bought by an antique dealer.
The Metropolitan Police Department is investigating that in the nearly four years until December last year, it had lent more than 2.3 billion yen to more than 5,000 people nationwide and earned illegal interest of about 950 million yen.
The approval or disapproval of the seven people has not been disclosed.