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Entries in Yen (2)

Wednesday
Dec192012

Japanese Trash Site Yields $120,000 in Cash

iStockphoto/Thinkstock(TOKYO) -- An employee of a waste disposal site in Japan's Hiroshima Prefecture on Tuesday found and reported $120,000 in cash mixed in with a pile of trash.

The stash was discovered in the evening as the worker in Asaminami was monitoring large pieces of trash being moved along a conveyor belt, according to broadcaster NHK.  Stacks of 10,000 yen ($120) bills totaling roughly $120,000 were spotted and reported to police.

Officials say they later found 2,300 pieces of bills, torn up into fragments by a machine processing bulky items like furniture.

Stashing large amounts of cash isn’t a unique problem in Japan, where many people prefer to keep their money at home and where banks pay little to no interest on deposits.  In fact, hundreds of safes containing significant amounts of money were discovered amid the debris washed away in the tsunami last year.  Police tracked down the owners, and returned more than $70 million in cash.

Just last month, Hiroshima police say they found $71,000 left near an apartment complex.

Officers tell NHK they don’t believe the latest stash is connected to any crime, and they’re trying to track down the owner.  If nobody comes forward within three months, the trash site will have the right to claim the cash.

Copyright 2012 ABC News Radio

Sunday
Oct302011

Fisherman Finds 11 Million Yen in Tsunami Disaster Zone 

iStockphoto/Thinkstock(TOKYO) -- A fisherman aboard a trawling fishing boat in the Japan tsunami zone found a bag filled with 11 million yen ($132,000) off the coast of Ofunato.

Bloomberg News reports that the money was delivered to city officials, where it remains unclaimed.

Ofunato city officials believe it may belong to someone who died in the disaster that wrecked havoc on Japan on March 11, leaving nearly 20,000 people dead or missing.

If nobody claims it in the next six months, the person who found it will get to keep the cash.

Since the tsunami, safes and envelopes filled with cash have been turning up in droves.

Copyright 2011 ABC News Radio







ABC News Radio