Travel Agency Director, Manager Involved in Fundraising Scam; Taipei Prosecutors Search and Interrogate
The director and manager (surnamed Lin and Chu respectively) of a certain international travel agency are suspected of soliciting a three-year fundraising plan through Facebook groups, guaranteeing a 12% annual return, and illegally raising millions of Taiwanese dollars. The Taipei District Prosecutors Office conducted searches and interviews, and the case is being investigated on suspicion of violating the Banking Act.
📋 Article Processing Timeline
- 📰 Published: April 28, 2026 at 18:44
- 🔍 Collected: April 28, 2026 at 19:02 (18 min after Published)
- 🤖 AI Analyzed: April 28, 2026 at 19:09 (7 min after Collected)
Central News Agency (Taipei 28th) Prosecutors and investigators received reports that the director surnamed Lin and manager surnamed Chu of a certain international travel agency are suspected of soliciting a three-year fundraising plan through Facebook groups, guaranteeing a 12% profit, and illegally raising millions of Taiwanese dollars. The Taipei District Prosecutors Office today launched searches and interrogated Lin and Chu.
Investigations revealed that Lin and Chu are suspected of launching a three-year fundraising plan through Facebook groups starting from August 2025 (ROC year 114). One investment unit was 200,000 Taiwanese dollars, guaranteeing a 3% profit in the first year, 4% in the second year, and 5% in the third year, totaling 12% profit over three years, but the principal could only be retrieved after the term expired.
Investigators found that Lin and Chu are also suspected of providing documents such as fundraising prospectuses and fundraising plan participation agreements for investors to sign, having illegally raised over millions of Taiwanese dollars in less than a year.
The Taipei District Prosecutors Office today directed the Northern Region Mobile Investigation Station of the Ministry of Justice Investigation Bureau to execute court-issued search warrants at Lin and Chu's residences and a total of four locations, including a certain international travel agency company. Lin and Chu were summoned for questioning. The entire case is being investigated on suspicion of violating the Banking Act and other offenses. (Editors: Hsiao Po-wen) 1150428
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Investigations revealed that Lin and Chu are suspected of launching a three-year fundraising plan through Facebook groups starting from August 2025 (ROC year 114). One investment unit was 200,000 Taiwanese dollars, guaranteeing a 3% profit in the first year, 4% in the second year, and 5% in the third year, totaling 12% profit over three years, but the principal could only be retrieved after the term expired.
Investigators found that Lin and Chu are also suspected of providing documents such as fundraising prospectuses and fundraising plan participation agreements for investors to sign, having illegally raised over millions of Taiwanese dollars in less than a year.
The Taipei District Prosecutors Office today directed the Northern Region Mobile Investigation Station of the Ministry of Justice Investigation Bureau to execute court-issued search warrants at Lin and Chu's residences and a total of four locations, including a certain international travel agency company. Lin and Chu were summoned for questioning. The entire case is being investigated on suspicion of violating the Banking Act and other offenses. (Editors: Hsiao Po-wen) 1150428
Choose to stand with facts. Every sponsorship you provide is a force for protecting press freedom.
Download the Central News Agency's 'First-hand News' APP to stay updated with the latest news.
The text, images, and videos on this website may not be reproduced, publicly broadcast, publicly transmitted, or utilized without authorization.