3 arrested for selling investment apartments without real estate license
Three people have been arrested under suspicion of brokering the sale of investment-type apartments to buyers without having the necessary real estate licenses, and through dubious sales tactics.
According to the police, the three suspects are accused of selling relatively overpriced studio apartments to three women that were approached via dating websites. The apartments were sold for approximately 27 million Yen each, which was estimated to be approximately 10 million Yen above their true market price.Read more