Sunnet Group Fraud Scheme Nets Over 2.2 Billion; Investigation Bureau Lists Two More as Fugitives
Following the Supreme Court's finalized convictions over the 2.2 billion NTD Sunnet Group illegal fundraising case, the Investigation Bureau has listed two more high-ranking executives as fugitives who have fled overseas.
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- 📰 Published: April 21, 2026 at 14:43
- 🔍 Collected: April 21, 2026 at 15:02 (18 min after Published)
- 🤖 AI Analyzed: April 21, 2026 at 21:47 (6h 45m after Collected)
(Central News Agency reporter Hsieh Chun-lin, Taipei, 21st) The Sunnet Group illegally raised over NT$2.2 billion. In March, the Supreme Court rejected the defendants' appeals, finalizing the convictions. However, following the absconding of the group's head, Hsu Shao-tung, the group's Chief Operating Officer Wang Chen-kuang and Pingtung District Director Kuan Tsai-huan have also fled the country and have been listed as fugitives by the Investigation Bureau.
The Sunnet Group's head, Hsu Shao-tung, and others illegally raised over NT$2.2 billion. Through various trials, Hsu was sentenced to 13 years in prison, Wang Chen-kuang to 10 years, and Kuan Tsai-huan to 8 years and 8 months. The Supreme Court rejected the appeal and finalized the decision on March 19 this year, notifying prosecutors to activate anti-escape mechanisms. However, Hsu Shao-tung, involved in another case, had already fled and was wanted.
After the case was finalized, the Supreme Prosecutors Office immediately notified the Kaohsiung District Prosecutors Office. Prosecutors issued arrest warrants according to the law and directed the Investigation Bureau's Tainan City Investigation Office and the Southern Region Mobile Work Station to dispatch personnel to Taichung and Kaohsiung to arrest four co-defendants, including a man surnamed Chang. They were sent to prison for execution on the morning of March 20 this year.
However, on the same day the Supreme Court rejected the related defendants' appeals, the Ministry of Justice Investigation Bureau listed Wang Chen-kuang and Kuan Tsai-huan as fugitives, noting their likely hiding locations as Xiamen City, China, and Hong Kong, respectively.
According to the Investigation Bureau's fugitive data, Wang Chen-kuang, COO of Sunnet Nanpin Telecom Co., and Kuan Tsai-huan, Pingtung District Director, starting from October 2015 and August 2016 respectively, alongside Hsu Shao-tung, used promotional materials, regular briefing sessions, and direct or downline recruitment to attract the public to become operators, paying interest disproportionate to the principal. From September 10, 2015, to May 3, 2019, they illegally absorbed over NT$2.2 billion. (Editor: Chang Ming-kun) 1150421
The Sunnet Group's head, Hsu Shao-tung, and others illegally raised over NT$2.2 billion. Through various trials, Hsu was sentenced to 13 years in prison, Wang Chen-kuang to 10 years, and Kuan Tsai-huan to 8 years and 8 months. The Supreme Court rejected the appeal and finalized the decision on March 19 this year, notifying prosecutors to activate anti-escape mechanisms. However, Hsu Shao-tung, involved in another case, had already fled and was wanted.
After the case was finalized, the Supreme Prosecutors Office immediately notified the Kaohsiung District Prosecutors Office. Prosecutors issued arrest warrants according to the law and directed the Investigation Bureau's Tainan City Investigation Office and the Southern Region Mobile Work Station to dispatch personnel to Taichung and Kaohsiung to arrest four co-defendants, including a man surnamed Chang. They were sent to prison for execution on the morning of March 20 this year.
However, on the same day the Supreme Court rejected the related defendants' appeals, the Ministry of Justice Investigation Bureau listed Wang Chen-kuang and Kuan Tsai-huan as fugitives, noting their likely hiding locations as Xiamen City, China, and Hong Kong, respectively.
According to the Investigation Bureau's fugitive data, Wang Chen-kuang, COO of Sunnet Nanpin Telecom Co., and Kuan Tsai-huan, Pingtung District Director, starting from October 2015 and August 2016 respectively, alongside Hsu Shao-tung, used promotional materials, regular briefing sessions, and direct or downline recruitment to attract the public to become operators, paying interest disproportionate to the principal. From September 10, 2015, to May 3, 2019, they illegally absorbed over NT$2.2 billion. (Editor: Chang Ming-kun) 1150421