Legal loopholes helping Taiwanese who commit fraud overseas closed

Focus Taiwan
Date: 2016/11/15
By: Justin Su and Lilian Wu

Taipei, Nov. 15 (CNA) Taiwanese nationals who commit aggravated fraud overseas will now be subject 46802493to punishment at home after the Legislative Yuan passed an amendment to the Criminal Code on Tuesday.

The amendment to Article 5 of the Criminal Code added “aggravated fraud” to the list of offenses committed “outside the territories of the Republic of China” to which the Criminal Code will apply, making it easier to prosecute the suspects at home.

The revision will take effect when it is promulgated by the president, a formality that usually takes about two weeks.

Under existing law, aggravated fraud is not among the offenses listed under Article 5, making it nearly impossible for prosecutors to go after alleged fraudsters after they return to Taiwan.    [FULL  STORY]

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