U.S. markets open in 41 minutes
  • S&P Futures

    3,822.25
    -3.25 (-0.08%)
     
  • Dow Futures

    30,946.00
    +13.00 (+0.04%)
     
  • Nasdaq Futures

    11,648.25
    -26.00 (-0.22%)
     
  • Russell 2000 Futures

    1,736.90
    -1.40 (-0.08%)
     
  • Crude Oil

    113.31
    +1.55 (+1.39%)
     
  • Gold

    1,834.10
    +12.90 (+0.71%)
     
  • Silver

    21.04
    +0.17 (+0.80%)
     
  • EUR/USD

    1.0525
    0.0000 (-0.00%)
     
  • 10-Yr Bond

    3.1530
    -0.0530 (-1.65%)
     
  • Vix

    28.75
    +1.80 (+6.68%)
     
  • GBP/USD

    1.2166
    -0.0019 (-0.15%)
     
  • USD/JPY

    136.4610
    +0.3330 (+0.24%)
     
  • BTC-USD

    20,029.90
    -986.99 (-4.70%)
     
  • CMC Crypto 200

    431.98
    -18.08 (-4.02%)
     
  • FTSE 100

    7,320.05
    -3.36 (-0.05%)
     
  • Nikkei 225

    26,804.60
    -244.87 (-0.91%)
     

Japanese household that accidentally received $360,000 COVID subsidy says it ‘can’t be returned’

·1 min read

A town in western Japan revealed on Friday that a household who mistakenly received 46.3 million yen (around $361,450) in COVID-19 subsidies said they now cannot return the money.

The town of Abu in Yamaguchi Prefecture planned to distribute the COVID subsidy funds amongst 463 low-income households exempt from residential taxes. Each household who applied was to receive 100,000 yen (around $781).

On April 1, in preparation for transferring the subsidies to each household’s bank account, a treasury official submitted a bank list containing the names of 463 applicants. The treasury official then mistakenly handed a money transfer form five days later listing only one applicant. This resulted in one household receiving the 46.3 million yen that was to be distributed amongst 463 households.

The recipient initially stated that they intended to return the money before the town lost contact with them until April 21, when they then told the town that they could not immediately return the money.

“The money has already been moved elsewhere and can’t be returned. I’m not going to run and I’m willing to pay for my wrongdoing,” the applicant told the town, per The Mainichi.

The town is now working with lawyers and the Yamaguchi Prefectural Police to get the money back. The mayor of Abu, Norihiko Hanada, stated in a press conference on Friday that the situation was “extremely regrettable” and that the town is working with “utmost effort” to resolve the issue.

 

Featured Image via Jun Rong Loo

Enjoy this content? Read more from NextShark!

Teen Charged With Murder For Shooting Stepfather at Birthday Celebration in Houston

Malaysian Woman Denied Entry to Kuala Lumpur Library for 'Revealing Clothes'

GoFundMe for Deliveryman Killed in Car Crash in New York Raises Over $100K

Singer Tiffany Young’s Tour Manager Tests Positive For COVID-19