By: Liu Chien-pang and Ko Lin
Taipei, Oct. 4 (CNA) Local authorities have successfully raided a number of underground
money transfer establishments across Taiwan, as part of a campaign launched in September against such activities, the Criminal Investigation Bureau (CIB) said Thursday.
Li Wei-hao (李維浩), head of the CIB’s Economic Crimes Division, said a total of 72 people were arrested and nearly NT$500 million (US$16.20 million) in illegal cash was seized in the process.
The raids were carried out Sept. 15-30 on establishments purporting to be warehouses and brokerage agencies, according to the CIB.
The purpose of the sweep was to protect the safety of citizens and ensure law and order, particularly during the campaign season ahead of the local government elections in November, Li said. [FULL STORY]