CIB confirms suspect nabbed for hacking; US$500,000 unaccountable

Focus Taiwan
Date: 2017/10/09
By: Liu Chien-pang, Liao Yi-yang and Frances Huang

Taipei, Oct. 9 (CNA) The Criminal Investigation Bureau (CIB) said Monday that one

Chiu Shao-chou (邱紹洲)

Sri Lankan accused of helping hackers to steal about US$60 million from a Taiwanese bank has been arrested in the South Asian country.

The Financial Supervisory Commission (FSC), Taiwan’s top financial regulator, said that day that while most of the lost funds have been recovered, about US$500,000 remains unaccounted for.

Chiu Shao-chou (邱紹洲), a CIB section chief, told the press that the suspect was captured by Sri Lankan police when he tried to withdraw about US$26,000 after the money was wired to his account from Taiwan Oct. 6.    [FULL  STORY]

Leave a Reply

Your email address will not be published. Required fields are marked *

I accept the Privacy Policy

This site uses Akismet to reduce spam. Learn how your comment data is processed.