
I’m sure I’m not the first to admit that life would be so much easier if money grew on trees, or even if earning more money were as simple as just printing it off your computer. But alas, the world does work that way, and anyone caught trying to spend counterfeit money is bound to end up in hot water, as these two Japanese suspects are sure to tell you.
Joint investigation headquarters of Osaka, Hyogo, and Niigata prefectural police announced this January 14 that company executives Takeshi Aoyama from Toyohashi City, and Masahiko Ito from Niigata City, were arrested under suspicion of importing forged money from China.
Just how much money, you ask? According to the reports, there were 108 10,000-yen bills. A 10,000-yen bill is the equivalent of a US hundred-dollar bill, so that’s about a cool US$10,800 in (fake) cash right there. And what was particularly interesting about these bills is that they were forgeries of the old-style 10,000-yen note.
The Bank of Japan’s homepage states that the old bills, first issued in 1958, featured Prince Shōtoku, a legendary regent and politician in late 6th century Japan. Prince Shōtoku was then replaced on the bills in 1984 by Yukichi Fukuzawa, famous philosopher and founder of Keio University.
▼The prince in all his glory…
▼…before Mr. Yukichi took over

Seventy-eight-year-old Aoyama and 44-year-old Ito are suspected of smuggling the old bills from Shanghai into Chubu Airport in Aichi Prefecture in June 2013. Investigations continued that July after old bills brought in to be exchanged at a bank in Niigata were found to be fake, and another fake bill was found listed on an online auction website.
When questioned, Aoyama claimed that he received over 200 of the bills from a Chinese man after paying him, and Ito adds that they didn’t know whether or not the bills were fake.
The two still took the money in to banks within the country to be exchanged, and also gave them to friends and acquaintances, persuading them that there were still many of the old bills in use in China, and encouraging them to invest the money.
Coincidentally enough, back in 2012, Aoyama and Ito established the “Nicchuu Rekishi Kouryuu Kyoukai“, with roughly translates as “Sino-Japanese Historical Exchange Association”. Aoyama states he was urged to establish the association by the same man who gave him the fake bills. Guess there was a bit more than just history being exchanged there?

If you don’t want to get in trouble with the big guys, it might be a good idea to keep the fake money for playtime!
Source: The Asahi Shimbun
Featured image: Wikipedia

Two Japanese high school kids arrested in “really bad” attempt at cash fraud
Japanese Man Arrested for Using Novelty Cash, Clerk Tipped off by Laughing Yukichi
Yamanashi man arrested for making fake money and tricking people into picking it up
Man counterfeits 50,000 yen using only a 100-yen shop, a convenience store, and a Japanese custom
Let this be a reminder to everyone: There’s no such thing as easy money!
Brand-new Square Enix Cafe to open in Tokyo…and in Los Angeles too!
Final Fantasy VII’s Sephiroth finds happiness in a canned cocktail[Video]
Beautiful Starbucks in Kyoto blends into its traditional landscape in more ways than one
Sanrio amusement park in Tokyo to host Psycho Game horror event this summer[Video]
Hide your daughters! Kagoshima’s suave new bear mascot is winning hearts all over
Satisfy your sweet tooth with cheesecake and more all-you-can-eat sweets at Cheese Garden
Tifa’s Final Fantasy VII bar is going to pop up in real-world Tokyo
Japan’s permanent Pokémon theme park zone announces grand opening date, ticket sale start
Why Puppeteer is one of the grandest romps ever to grace the stage 【Review】
This is What a Whopper With 1000 Slices of Cheese Looks Like
Japan’s 5.3 million beautiful Hitachi Nemophila flowers are now in full bloom[Photos]
New Kyoto Converse sneakers celebrate Japan with traditional kimono fabrics for your feet
Studio Ghibli launches huge new anime movie T-shirt collection with special design details
Japanese convenience store gives away free ice cream with creative ad at Shinjuku Station
Japan is so hungry for workers it used up its five-year visa quota in record time
Tsujihan sushi bowl restaurant goes viral with foreign tourists, but is it worth the hype?
7-Eleven Japan releases Uji matcha smoothies… but only at select locations
7-Eleven Japan’s cooked-in-store takoyaki is here! How does it fare against the street food king?
Japan reportedly adding Japanese language skill requirement to most common foreigner work visa
Pokémon and Ikea Japan cross over into each other’s worlds with collaboration events
Wisteria season starts early with blooming of Japan’s Great Wisteria in its beautiful garden
Japan’s best conveyor belt sushi restaurant of seven years ago has now, finally, come to Tokyo
Brand-new Pokémon manhole covers coming to help the recovery of a disaster-stricken part of Japan
Japan’s awesomely beautiful Alpen Route snow corridor is now open
Injuries on stairs in Tokyo highlight an overlooked design flaw
Mt. Fuji decorated with a 500,000-flower pink carpet is Japan’s ultimate spring view
Survey asks foreign tourists what bothered them in Japan, more than half gave same answer
Japan’s human washing machines will go on sale to general public, demos to be held in Tokyo
Starbucks Japan releases new drinkware and goods for Valentine’s Day
We deeply regret going into this tunnel on our walk in the mountains of Japan
Starbucks Japan releases new sakura goods and drinkware for cherry blossom season 2026
Japan’s newest Shinkansen has no seats…or passengers [Video]
Major Japanese hotel chain says reservations via overseas booking sites may not be valid
Put sesame oil in your coffee? Japanese maker says it’s the best way to start your day【Taste test】
No more using real katana for tourism activities, Japan’s National Police Agency says
Studio Ghibli releases Kodama forest spirits from Princess Mononoke to light up your home
How to spot the new sophisticated counterfeit bills circulating in Japan
A fun and cheap souvenir for kids: 100-yen shop play money featuring Japan’s brand-new yen bills!
What should you do if you have Japanese money that’s been destroyed like this?
Aichi man arrested for stealing 70,000 yen in toy money from safe
Japanese woman seeks justice after buying four million-dollar bills from counterfeiters
Osaka woman gives foreigner Uber Eats worker fake money, thought he wouldn’t know difference
Can you use the fluctuating exchange rate and Japan’s weak yen to make some money? We find out
The Bank of Japan is really jazzed up about the new 10,000 yen bill
Okinawan man arrested for buying cigarettes with currency of the dead
Japan is changing its yen bills soon, so beware of scam artists, government warns
Pretty money – Poll reveals Japan’s “coolest” cash
Mysterious Japanese woman gives one million yen in cash to man she’s never met, then disappears
Japanese city abolishes 88th birthday celebratory money gift because people are living longer
Nike Air Mo’ Money sneakers with Japanese text and yen symbols are the coolest kicks around