Major Fraud Ring Impersonating Influencers Dismantled; Mastermind Caught in Kaohsiung Hotel After 110M TWD Scam
Taiwan's Criminal Investigation Bureau arrested 28 members of a fraud syndicate that impersonated popular financial influencers 'ZaiShu Brothers' to swindle 110 million TWD from 41 victims. The mastermind, a fugitive with six warrants, was captured in a Kaohsiung motel.
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- 📰 Published: April 24, 2026 at 15:48
- 🔍 Collected: April 24, 2026 at 16:02 (13 min after Published)
- 🤖 AI Analyzed: April 24, 2026 at 22:30 (6h 27m after Collected)
(CNA Reporter Hung Hsueh-kuang, Kaohsiung, April 24th) A mastermind surnamed Xu, who carried six warrants, formed a fraud syndicate to impersonate influencers and lure the public into investing, illegally taking over 100 million TWD. The Telecommunications Investigation Unit of the Criminal Investigation Bureau (CIB) launched six waves of searches and arrested 28 people including Xu. The case has been transferred to the Ciaotou District Prosecutors Office for investigation on charges including organized crime and money laundering.
The Third Team of the Telecommunications Investigation Unit received information earlier that a fraud group was impersonating the financial influencers "ZaiShu Brothers." Using pitches like "guaranteed profit" and "no loss," they enticed victims into joining fake investment websites such as "Hongjing Investment" and "Yuguo Investment," or downloading fake apps like "Lifu e-Action," "Hongjing International," and "Tianhe International" for stock and futures investment. Police estimate the number of victims reached 41, with financial losses amounting to over 110 million TWD.
Following the direction of the Ciaotou District Prosecutors Office, the CIB formed a task force with the Kaohsiung City Police (Renwu and Sanmin No. 2 Districts, Juvenile Squad), the Tainan City Police (Xingying District), and the Pingtung County Police (Donggang District). Communication record analysis revealed that the gang members had backgrounds in the Bamboo Union Mingren Gang and local gang factions, and they recruited minors as couriers to collect cash from victims.
From February last year to February this year, the task force launched six waves of search and arrest operations. They captured 28 people across Kaohsiung and Tainan, including the operations head, money laundry cadres, courier leaders, and couriers. The mastermind Xu was wanted for six cases including drugs, fraud, money laundering, child sexual exploitation, and accidental death. During his flight, he hid in a motel in the Renwu District of Kaohsiung City and was eventually caught along with his girlfriend.
Police seized 104 ATM cards, 1.6 million TWD in cash, smartphones, laptops, and card readers. The suspects were sent to the Ciaotou District Prosecutors Office for violations of the Organized Crime Prevention Act, Money Laundering Control Act, and Fraud Crime Harm Prevention Act. (Editor: Lin Shu-hui) 1150424
The Third Team of the Telecommunications Investigation Unit received information earlier that a fraud group was impersonating the financial influencers "ZaiShu Brothers." Using pitches like "guaranteed profit" and "no loss," they enticed victims into joining fake investment websites such as "Hongjing Investment" and "Yuguo Investment," or downloading fake apps like "Lifu e-Action," "Hongjing International," and "Tianhe International" for stock and futures investment. Police estimate the number of victims reached 41, with financial losses amounting to over 110 million TWD.
Following the direction of the Ciaotou District Prosecutors Office, the CIB formed a task force with the Kaohsiung City Police (Renwu and Sanmin No. 2 Districts, Juvenile Squad), the Tainan City Police (Xingying District), and the Pingtung County Police (Donggang District). Communication record analysis revealed that the gang members had backgrounds in the Bamboo Union Mingren Gang and local gang factions, and they recruited minors as couriers to collect cash from victims.
From February last year to February this year, the task force launched six waves of search and arrest operations. They captured 28 people across Kaohsiung and Tainan, including the operations head, money laundry cadres, courier leaders, and couriers. The mastermind Xu was wanted for six cases including drugs, fraud, money laundering, child sexual exploitation, and accidental death. During his flight, he hid in a motel in the Renwu District of Kaohsiung City and was eventually caught along with his girlfriend.
Police seized 104 ATM cards, 1.6 million TWD in cash, smartphones, laptops, and card readers. The suspects were sent to the Ciaotou District Prosecutors Office for violations of the Organized Crime Prevention Act, Money Laundering Control Act, and Fraud Crime Harm Prevention Act. (Editor: Lin Shu-hui) 1150424