Taiwan, Dominican Republic crack fraud ring targeting Chinese

Focus Taiwan
Date: 2017/12/11
By: Huang Li-yun and Elizabeth Hsu

Taipei, Dec. 11 (CNA) Taiwan and the Dominican Republic have jointly cracked down on a Taiwanese-funded cross-border telecom fraud ring that set up its computer system in the Caribbean nation and preyed on Chinese nationals, the Criminal Investigation Bureau (CIB) said Monday.

Wu Tung-wen (吳東文), the deputy chief of CIB’s 7th Investigation Corp, said at a press conference that police nabbed 31 Taiwanese suspects, including the main suspect surnamed Liao (廖), in raids in September and early this month covering 42 locations across Taiwan.

They also seized NT$8.3 million (US$276,450) in cash, six automobiles, a batch of mobile phones and notebooks, and written guidelines on fraud procedures during the raids, Wu said.    [FULL  STORY]