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Provision of information in accordance with the Consumer Safety Act

Last update date February 26, 2020

Consumer Life

Provision of information from the Consumer Affairs Agency based on the provisions of the Consumer Safety Act

False that they are engaged in businesses such as wind power generation systems.
Alert regarding Ecology Life Co., Ltd., which solicits corporate bond purchases

A company that solicits the purchase of unsecured convertible bonds type bonds with stock acquisition rights (hereinafter referred to as “bonds”), pretending to be engaged in businesses such as the development of wind power generation systems since August 2015. The Consumer Affairs Agency conducted a survey because consultations pertaining to were sent to consumer affairs centers in various places.
As a result, the Consumer Affairs Agency confirmed that the solicitation of "Ecology Life Co., Ltd." (hereinafter referred to as "Ecology Life") that could unfairly harm consumers' interests (to tell misconduct) Based on the provisions of Article 38, Paragraph 1 of the Consumer Safety Act, we have published information that contributes to preventing the occurrence or spread of consumer damage.

Details of the Consumer Affairs Agency website

Alert regarding "Ecology Life Co., Ltd." (Consumer Affairs Agency) (PDF: 1,758KB)
[Consultation Case]
(1)Ecology Life provides consumers with an envelope containing a set of brochures and corporate bond application forms (hereinafter referred to as "solicitation materials") that outline the company's company profile and an overview of wind power generation as its business. (Hereinafter referred to as "envelope").
(2)After that, a consumer is called from a person who claims to purchase ecology-life bonds (hereinafter referred to as “purchase applicant”) calls and says, “I want to purchase the bonds, but the bond is the person (consumer) . The same applies hereinafter.) Or only your relatives can buy it, so if you receive a call from Ecology Life, you (applicant to purchase) and you (consumer. The same applies below. ) I want you to answer that you are relatives. ".
(3)Some consumers will accept the request of the purchase applicant.
(4)After that, the consumer who accepted the request of the purchaser receives a phone call from ecology life to confirm the relationship with the purchaser, and the consumer said, "The purchaser is a relative of himself (consumer). ".
(5)A few days later, Ecology Life called a consumer called me and said, "Your lied my account has been stopped. As a responsibility, I would like you to pay 10% of 30 million yen (the purchase amount of the corporate bond purchase price of the purchaser) as a responsibility. "And demand payment.
(6)Another person from Ecology Life also called the consumer, saying, "People were arrested for trying to buy bonds by telling lie that they were relatives," he said. You will also be arrested. You will also need the bail of the purchaser and your court fee. "And ask for money.

[Advisory to consumers]
A stranger or business says, "I want to buy bonds, but the bonds can only be purchased by the person who received the envelope or the relative of the person, so I want you to make me (applicant) your relative." Requests such as are fraudulent. Never respond to such requests from strangers or businesses.
If you have any doubts about such a solicitation call, consult the Consumer Affairs Center or the police.

Yokohama City Consumer Life Center
Phone number
045-845-6666

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For inquiries to this page

Consumer Economic and Labor Department, Economic Affairs Bureau

Phone: 045-671-2584

Phone: 045-671-2584

Fax: 045-664-9533

Email address: ke-syohikeizai@city.yokohama.jp

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Page ID: 809-511-565

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