Want China Times
Taiwan’s National Immigration Agency (NIA) announced Friday that a Chinese
national who had been listed as a fugitive in Taiwan for committing real estate fraud had been arrested.
The April 22 arrest represents the latest result of the Agreement on Jointly Cracking Down on Crime and Mutual Legal Assistance Across the Strait inked between Taiwan and China in 2009.
The fugitive, surnamed Zheng, had once served as chair of a real estate development firm based in Xiangshan county in Zhejiang province.
The NIA said that after a project for the company to build 30 luxury houses went belly up, Zheng illegally sold the same housing units to multiple buyers and absconded to the US after amassing about US$14.6 million in ill-gotten gains. [FULL STORY]