Chiba Prefectural Police have arrested a 33-year-old man for allegedly selling cash above face value using marketplace app Mercari and collecting interest exceeding the legal interest rate, reports TV Asahi
Chiba Prefectural Police have arrested a 33-year-old man for allegedly selling cash above face value using marketplace app Mercari and collecting interest exceeding the legal interest rate, reports TV Asahi
On 10 occasions between August 2,2016 and July 9, Keisukei Tanaka, a resident of Narita City, allegedly sold 250,000 yen worth of currency for 312,900 yen to four male and female persons, including a 25-year-old woman in Fukushima Prefecture, and collected interest exceeding the legal rate. Tanaka, who has been accused of violating the Investment Law, admits to the charges, according to police, who say the case is the Japan to involve the sale of cash online. Know as the «flea market app,» Mercari launched in 2013.
