Bureau arrests 26 in crackdown on investment fraudBy Jason Pan / Staff reporter, with CNAPolice on Thursday said they have arrested 26 people and shut down an investment fraud operation that collaborated with a scam center in Cambodia to swindle more than 40 victims. Criminal Investigation Bureau Ninth Investigation Corps Deputy Captain Lee Chi-hsun speaks to reporters in Taipei on Thursday. “Through this method, they lured victims into downloading fraudulent investment apps, and then instructed them to transfer large sums of money into dummy accounts, which were laundered by gang members,” Lee said. The CIB has gathered sufficient evidence including testimony from the money mules and gang members, as well as photos and a paper trail of dummy accounts and money transfers, Lee said. Hsu and the 26 gang members are facing charges of fraud, breaching the Money Laundering Control Act (洗錢防制法), and other offenses, with 14 being held in pretrial detention.

Source: Taipei Times March 13, 2026 16:52 UTC