Japanese sisters stash $56 million in boxes
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Tokyo, Mar 12 : Two sisters hid $56 million cash in cardboard boxes in what may be Japan’s biggest-ever tax dodge, media said.
Hatsue Shimizu, 64, and Yoshiko Ishii, 55, were arrested on suspicion of hiding a stash of yen they inherited from their father, a real estate investor from the western Japanese city of Osaka, the English-language Daily Yomiuri said on Wednesday.
The sisters are thought to have begun withdrawing money from their father’s bank accounts a few years before his death in 2004, the Yomiuri said.
Hatsue Shimizu, 64, and Yoshiko Ishii, 55, were arrested on suspicion of hiding a stash of yen they inherited from their father, a real estate investor from the western Japanese city of Osaka, the English-language Daily Yomiuri said on Wednesday.
The sisters are thought to have begun withdrawing money from their father’s bank accounts a few years before his death in 2004, the Yomiuri said.
