Asia One
Date: Sep 17, 2015
TAIPEI, Taiwan – Forex Youth Corps., an online war game platform, was revealed as an
Photo: The New Paper
elaborate scam yesterday according to the Ministry of Justice’s (MOJ) Taipei City Investigation Bureau, and is reported to have scammed at least NT$7 billion ($302 million).
The investigation bureau had been receiving reports about a man surnamed Wu, who called himself “Optimus Prime,” a character from the Transformers franchise, since March. Wu wrote his own online game plugin programs, and marketed himself as a “professional forex dealer” to form the Forex Youth Corps.
Wu stated through his promotions in Facebook groups and through direct sales that joining the platform would earn high-profit returns. The get-rich scheme attracted students and young people with generally no experience. Scams reached at least NT$7 billion.
Other methods that the scamming group attempted included sharing information about their luxury life styles and experiences from using the platform on Facebook, ranging from traveling abroad to buying high-priced race cars and motorcycles. [FULL STORY]
