Three Chinese arrested on suspicion of opening clandestine bank

Police have arrested three Chinese men and women on suspicion of violating the Banking Law, working with an underground bank, illegally remitting money to China at the request of Chinese residents in Japan. Police are investigating the illegal remittance of 100 million yen.

All three people arrested are Chinese, including a 48-year-old husband and a 44-year-old younger brother suspected of being a merchant in Nagoya City, Mirei Hayashi (48).

According to police investigations, the three are called “underground banks”, which withhold Japanese yen from Chinese people in Japan and deliver Chinese money of the same value to designated recipients in China.

Hayashi said: We don’t charge any fees. So I didn’t think it was an illegal act.

The police continued with the investigation.

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