Housewife hid $3 million in forex gains

Reuters

Council Member
Jun 2, 2007
1,987
3
38
TOKYO (Reuters) - A financially savvy Tokyo housewife who made 400 million yen ($3.44 million) trading in foreign exchange markets was fined Friday for evading tax, a court official said.

Reuters
 

YoungJoonKim

Electoral Member
Aug 19, 2007
690
5
18
"She felt it was unfair to have to pay tax on her gains, when she made losses some years," NHK quoted the judge as saying. "She spent the money on kimonos and jewelry."
She had guts but justice served. Its just that there are thousand more to go :D
 

karrie

OogedyBoogedy
Jan 6, 2007
27,780
285
83
bliss
I guess I'm the wrong kind of housewife. Here I spend my time debating, when I should be muddling around in foreign exchange markets.