Overview
- The Tokyo Metropolitan Police on Nov. 5 re-arrested three men, including 52-year-old Han, on suspicion of violating the Investment Law by charging excessive interest.
- Police say the group extended about ¥10 million in loans to at least a dozen women and took in around ¥40 million in interest and fees.
- Victims reportedly included women burdened by host-club tabs or employed in the sex industry in Tokyo’s Kabukicho district.
- A cited case involves a loan of ¥320,000 to a woman in her 20s in Shinjuku last November with ¥80,000 collected as interest.
- The trio were previously arrested in late September on similar suspicions, and this constitutes a third arrest as the probe into an unregistered lending operation continues.