Post by victor on Mar 8, 2024 10:28:50 GMT -8
Mentioned on the GSG substack in the comments.
Police plan to place the former president of a company that leased out luxury watches on an international wanted list for alleged embezzlement on suspicion that he sold timepieces borrowed from owners.
Tokyo police on Tuesday issued a domestic arrest warrant for Takazumi Kominato, 42, for allegedly selling a Rolex wristwatch borrowed from a male client to a secondhand dealer in Osaka Prefecture for ¥650,000 ($4,380) in January.
Kominato’s company, Neo Reverse, ran a rental service called Toke Match, through which luxury watches borrowed from owners are rented out to others for a fixed fee based on their value.
As of August 2023, Neo Reverse had 1,500 watches deposited with it, according to its website.
Tokyo police on Tuesday issued a domestic arrest warrant for Takazumi Kominato, 42, for allegedly selling a Rolex wristwatch borrowed from a male client to a secondhand dealer in Osaka Prefecture for ¥650,000 ($4,380) in January.
Kominato’s company, Neo Reverse, ran a rental service called Toke Match, through which luxury watches borrowed from owners are rented out to others for a fixed fee based on their value.
As of August 2023, Neo Reverse had 1,500 watches deposited with it, according to its website.
Additional details in this article: www.asahi.com/ajw/articles/15162104
A real mess - and could be a mess for anyone buying an expensive watch, for instance on yahoo.jp and then it comes out it's stolen - does the buyer get their money back?
