Everyone's credit seems really risky... On the other hand, Trust Lending brings forward the campaign rewards ♪
I haven’t invested, but I did register as a member of “Minna no Credit.” On July 5 at 22:56, I received a suspicious email.
It’s very long, so I’ll cut from the email and focus on the main points.
The loans lent by the funds we handle were concentrated (on a loan balance basis, 97.6%) in our parent company, Kabushiki-gaisha Kojō (hereinafter referred to as “Ko”) and its affiliated companies (our company, Ko, and its affiliates collectively referred to below as the “Ko Group”).
The parent company Ko is Blue Wall Japan Co., Ltd., and its president, Nobio Shiraishi, has a history of repeatedly arranging for planned bankruptcies.
In these planned bankruptcies, investors have suffered large losses, while he is seen as having earned a lot of money.
The former president of Blue Wall Japan, Nobio Shiraishi, allocated almost all the money collected through Minna no Credit to his own loans, and did not conduct proper lending operations.
Despite stating that the collateral would be kept at 120% or more of the loan amount at the time of lending and that it would enable a stable high dividend, in Ko-directed loans there were no actual collateralized properties; only Ko’s unpublished shares were collateral, and some loans had no collateral at all.
Just in the previous article,“Stocks used as collateral are unreliable.”
“When thinking about how much value a company’s stock has, if debt repayments are getting behind, there’s no point in considering it!”I wrote this,
while 97.6% of the investment money was redirected back to the company,there were no loans secured by real estate,and only unpublished stock served as collateral. There were even cases where no collateral was set.
A. The fund’s redemption funds are being used to cover other funds’ investments
B. Our company’s campaign funds are being used for fund investments
In other words, a self-feeding cycle.
It was also used for capital increases of group companies and related companies.
C. The former president Shiraishi is using fund investment funds to repay his own borrowings, etc.
It was found that he instructed employees to transfer funds to his own bank accounts and to his own creditors.
Transferring to his own account = embezzlement, right?
…and currently, as of June 20 (before the June 28 redemption), out of 3,344.5 million yen loan balance to Ko Group, assets secured by our company amounted to 592.63 million yen, which is about 17.7% of the total Ko Group loan amount, and is extremely low.
That seems to be the case. According to the email, under the new regime established by the new representative on April 29, Shiraishi’s Blue Wall Japan is completely detached. Therefore, in the future, we vow to monitor Shiraishi strictly and to prioritize repayment to Minna no Credit…(← It’s already too late to pretend)
From the beginning, it was said that the new president was connected to Shiraishi.
)
…However, no matter how much they show their determination, as of the end of June, only 17.7% of the loan principal has been secured.
Even including assets like paintings whose value is questionable, totaling 17.7% collateral,
I don’t think that securing all of this will enable future payments.
I believe there is a very high probability that repayments will fall behind within a few months and that complete repayment will become impossible within this year.
※ This content was notified only to members via email.
…But shouldn’t this also be published on the website?
On the other hand, the trust lending I focused on for investment, Trust Lending, had been scheduled to transfer 5,000 yen within two months, but it was transferred in less than a month♪
It’s a far cry from Cloud Bank, which rejected my self-affiliation…
Referencehttps://fx-on.com/navi/detail/?id=2407
Note: After much trouble, it was finally filled
Even within the same field of social lending, there are three different stories.
【Hapitas, a points site】
(Please edit this section for public release to purchasers)
