NAGOYA, Mar 05 (News On Japan) –
A male pupil in Nagoya paid roughly 930,000 yen to his classmates over eight transactions. What precisely occurred?
A sixth-grade boy attending an elementary faculty in Nagoya was approached by a number of classmates between November 2019 and February 2020, who persuaded him to purchase commemorative medals and international forex, claiming their worth would improve.
Among these, a coin that the boy bought for ¥360,000 was launched by his classmates as “pure gold, made by a major precious metal store.” However, it turned out to be a commemorative medal offered on the Nagoya Port Aquarium.
The boy’s father, who reported the incident, stated, “They told him that gold is currently worth ¥9,000 per gram, and let him hold it. My son, holding it, misunderstood its value.”
The boy was informed by his classmates that “the value of gold continues to rise.”
The boy had been saving his New Year’s cash and had boasted in school, “I have ¥1 million. Cool, right?” This is believed to have triggered the transactions involving massive sums of cash.
The boy’s father mirrored, “I should have educated him about money from an early stage. I actually apologized to him, saying, ‘It was my negligence as a father that led to this.'”
Source: TBS