Focus Taiwan
Date: 2017/11/21
By: Jay Chou and William Yen
Taipei, Nov. 21 (CNA) An economic fugitive from Taiwan whose arrest in Jakarta was
Chen Hsuan-ming (陳宣銘, center)
announced last month, was put on a plane Tuesday by the local authorities and escorted back by Taiwanese officials, said the head of the Taipei Economic and Trade Office (TETO) in Indonesia.
Chen Hsuan-ming (陳宣銘) escorted by police.
According to a self-help group for Taiwanese fraud victims, Chen Hsuan-ming (陳宣銘) is suspected of being involved in an embezzlement case in which Taiwanese investors allege he fled the country with investment funds worth NT$5.2 billion (US$173.199 million).
Chen, CEO of the Taipei branch of Millennium Penata Futures (MPF) in 2009, allegedly persuaded up to 2,500 people to put their money into an investment account, which he claimed was a risk-free investment with an annual interest rate of 6 percent.
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