The president and others of an actual property firm in Saitama Prefecture had been arrested on suspicion of violating the funding legislation for permitting purchasers to purchase land owned by the corporate at a excessive value as a situation of a mortgage. According to an interview with the Metropolitan Police Department, evidently the corporate refinanced funds from an affiliated firm and acquired the land at a excessive value at the moment. The Metropolitan Police Department is investigating that the lender took benefit of the advantageous place to repeatedly refinance and take unlawful curiosity.
Source
Libereste Is it unlawful curiosity to purchase land at a excessive value even when refinancing | NHK
