Five people connected to Nishiyama Farm, a farm management company, have been arrested for suspected fraud totaling around 13.3 billion yen.
Hirotoshi Ito, 37, a former executive of Nishiyama Farm, an Okayama-based company offering farm tourism across Japan, faces allegations of fraud along with four other suspects, Sankei Shimbun reported.
According to police reports, the men scammed a woman in her 30s residing in Yokohama City by falsely claiming they would refund her an extra 3% if she used her credit card to purchase products. The victim was reportedly conned out of 7.9 million yen in cash.
Another male victim swindled out of roughly 3 million yen told police that he was initially informed that there would be no risk.
Police suspect that the five men collected around 13.3 billion yen from the alleged fraud.
© Japan Today
8 Comments
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Eppee
I don't get the fraud, did anyone understood it ?
Hiro
When you heard the words "no risk" and "extra refund", you should already have alarm bells ringing in your head. There is no such thing as a charitable company.
Paul
So many gullible people who want something for nothing and end up getting cheated!
Michael Machida
Where are the details to this article?
Not much of a story here.
Johansawada
13bn yen ? thats over 100m USD... and they would have to scam over 162ppl for 8m yen each... do they mean 13m yen?
Harry_Gatto
What is the link between these two things? Seems to be a lot of missing detail.
ADK99
13.3 BILLION yen??