Liquor Company Suspected of Illegally Raising NTD 70 Million, Northern Prosecutors Search and Interrogate 4 Including Responsible Person
Taipei prosecutors searched five locations, including the residences and offices of a liquor company's responsible person surnamed Lee and three others, and brought them in for questioning. Lee is suspected of illegally raising over NTD 70 million through online briefings and wine tasting events, falsely claiming high returns from reselling expensive foreign liquor, selling special shares, and investing in Taipei real estate with promised annual returns of 12% to 18%.
📋 Article Processing Timeline
- 📰 Published: April 21, 2026 at 19:22
- 🔍 Collected: April 21, 2026 at 19:31 (9 min after Published)
- 🤖 AI Analyzed: April 21, 2026 at 21:07 (1h 35m after Collected)
Central News Agency reporter Hsieh Chun-Lin, Taipei, April 21:
Prosecutors and investigators received a report that a liquor international enterprise company's responsible person, surnamed Lee, was suspected of illegally raising over NTD 70 million through online briefings, wine tasting events, and other means. Today, the Taipei District Prosecutors Office searched five locations, including Lee's residence and office, and summoned Lee and three other defendants for questioning.
According to investigations, Lee publicly claimed that his company was a liquor distributor that could buy large quantities of expensive foreign wines such as whiskey at lower costs and then resell them for profit. He is also suspected of enticing the public to invest by promising annual returns of 12% to 18%.
Furthermore, Lee signed consignment sales and profit-sharing agreements with investors, claiming he could help investors buy and sell liquor, sharing profits from sales exceeding costs, while also assuring investors that their principal was guaranteed.
Investigators discovered that Lee also sold the company's special shares at NTD 20 per share, promising a quarterly interest of 2.2% on investments. Additionally, Lee claimed to have expanded into prime real estate in Taipei, boasting high investment performance and annual returns of up to 18%. Prosecutors initially estimate that Lee illegally raised over NTD 70 million using these four methods.
Today, the Taipei District Prosecutors Office directed the New Taipei City Investigation Division of the Ministry of Justice Investigation Bureau to execute court-issued search warrants at five locations, including the residences and offices of Lee and three others. Lee and the three other defendants were summoned for questioning, and the case is being investigated for alleged violations of the Banking Act and other offenses.
Prosecutors and investigators received a report that a liquor international enterprise company's responsible person, surnamed Lee, was suspected of illegally raising over NTD 70 million through online briefings, wine tasting events, and other means. Today, the Taipei District Prosecutors Office searched five locations, including Lee's residence and office, and summoned Lee and three other defendants for questioning.
According to investigations, Lee publicly claimed that his company was a liquor distributor that could buy large quantities of expensive foreign wines such as whiskey at lower costs and then resell them for profit. He is also suspected of enticing the public to invest by promising annual returns of 12% to 18%.
Furthermore, Lee signed consignment sales and profit-sharing agreements with investors, claiming he could help investors buy and sell liquor, sharing profits from sales exceeding costs, while also assuring investors that their principal was guaranteed.
Investigators discovered that Lee also sold the company's special shares at NTD 20 per share, promising a quarterly interest of 2.2% on investments. Additionally, Lee claimed to have expanded into prime real estate in Taipei, boasting high investment performance and annual returns of up to 18%. Prosecutors initially estimate that Lee illegally raised over NTD 70 million using these four methods.
Today, the Taipei District Prosecutors Office directed the New Taipei City Investigation Division of the Ministry of Justice Investigation Bureau to execute court-issued search warrants at five locations, including the residences and offices of Lee and three others. Lee and the three other defendants were summoned for questioning, and the case is being investigated for alleged violations of the Banking Act and other offenses.