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.

Yukiko Ikebe, 60, got a suspended jail sentence and was fined 34 million yen after she used relatives’ names to make her gains look smaller and avoid paying tax.

“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.”

Cripes! I know a few brokers who should hire this “housewife”.



  1. Steven Long says:

    Cripes!
    Where did she get the money to play with in the market?

  2. Angel H. Wong says:

    American desperate housewives sleep with the gardener, Japanese desperate housewives earn money trading stocks; does that mean Christian housewives are sluts?

  3. ECA says:

    ITs less then 10%…WOW..
    Wish it was that LOW in the USA.

  4. James Hill says:

    I think the moral of this story is that crime pays.


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