ALBAWABA – Japanese authorities are on the hunt to return 900 luxurious worth $12.6 million to their 190 owners, as they were on a watch rental site called Toke Match before the site’s owner, who is suspected of selling he loaned from an owner back in January, fled to Dubai as reported by local media.
The Osaka-based site, Toke Match, was a rental site that would loan luxurious goods like premium Rolex, Omegas and Tag Heuers watches from wealthy individuals to clients. Operated by mother company, Neo Reverse, which had terminated the service by the end of Jan. and announced plans to return all watches to their respectful owners, according to DW.
However, as per the Japanese public broadcaster NHK, following more than 40 complaints from nearly 190 watch owners stating that their valuables were never returned, police in 13 prefectures, notably Tokyo and Osaka, are now conducting investigations.
A number of the missing watches have surfaced in an online auction operated by Valuence Japan, who stated to AFP News Agency that 20 of the watches it handled had serial numbers matching with the missing ones previously loaned to Toke Match.
In a report by Jiji press, Takazumi Kominato, the 42-year-old owner of Toke Match, has an arrest warrant issued by Tokyo police for allegedly selling a Rolex watch that he loaned from its original owner to a second-hand vendor in January for $4,400.
