ICRT Radio News
Date: 2018-05-04
The Hua-lian Prosecutors Office has indicted 18 people involved in a health
scam on charges of violating the Organized Crime Prevention Act.
Prosecutors say the Beautiful Life group’s fundraising activities islandwide
over the past year saw 1-thousand 700 mostly older people falling victim to
the scam.
Their illegal profits are estimated at 240 million NT.
Prosecutors say the group first held health forums in many cities and
townships by offering giveaways of soy sauce, cooking oil and rice noodles,
and then promised an interest rate of over 12-percent for every 100-thousand
NT investment that people made.
The group spent the money on trips to casinos in Macao and luxury cars like
Porsches and BMWs.
Prosecutors have already started auctioning off those cars. [FULL STORY]