Court in Taichung approves early release in late April for Fu Kun-chi after 7 months of 8 month term
Taiwan News
Date: 2019/03/25
By: Duncan Deaeth, Taiwan News, Staff Writer
TAIPEI (Taiwan News) – A court in Taichung announced that the former Magistrate of
File Photo: Fu Kun-chi (By Central News Agency)
Hualien, Fu Kun-chi (傅崐萁), who has been serving a prison term for charges of market manipulation, will be released in April, one month early.
Fu was sent to prison in September 2018 to serve an eight-month sentence for insider trading that violated the Securities and Exchange Act (證券交易法), and was originally set to be released on May 24.
However, due to good behavior, Fu has been shown leniency and will be released one month early on April 24, reports Liberty Times.
Fu served as the magistrate of Hualien County from December 2009 to September 2018, as a political independent. [FULL STORY]
