Shell Trading Company Involved in Money Laundering Over NT$1 Billion, Taipei Prosecutors Seek Detention for 8 Suspects
Zhou Wen-chieh, who established the shell trading company "Shunfa Chenggong Trading Company," is suspected of laundering over NT$1 billion for fraud and gambling groups. The Taipei District Prosecutors Office has requested the detention of Zhou and 7 other suspects.
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- 📰 Published: May 7, 2026 at 01:25
- 🔍 Collected: May 7, 2026 at 01:31 (6 min after Published)
- 🤖 AI Analyzed: May 7, 2026 at 01:33 (2 min after Collected)
Central News Agency
(Central News Agency Reporter Hsieh Chun-lin Taipei 7th) Zhou Wen-chieh, who established Shunfa Chenggong Trading Company, is suspected of laundering over NT$1 billion for fraud and gambling groups. On the 5th, prosecutors and police detained and arrested Zhou and 11 others, who were then transferred to the Taipei District Prosecutors Office for further questioning. After questioning, prosecutors requested the detention and restricted visitation for Zhou and 7 other suspects (Wu, Liao, Chen, Hsu, Hung, Lei, Hsiao), while two other suspects (Hung and Chen) were released on bail of NT$300,000 and NT$200,000 respectively, and two others were released.
According to police investigation, Zhou is suspected of using the trading company as a front to launder money for more than 10 companies, most of which came from fraud and gambling groups. After receiving the money, Zhou laundered it in three ways: instructing employees to make large cash withdrawals, arranging transfers to specific personal or company accounts, or creating fake foreign exchange contracts to remit the money overseas. Prosecutors and police initially estimate that from March last year until now, Zhou's company has laundered over NT$1 billion.
On the 5th, prosecutors from the Taipei District Prosecutors Office, under the command of the Criminal Investigation Bureau, executed court-issued search warrants at 14 locations, including Zhou's trading company and residences. They detained Zhou and 10 of his employees and the responsible person (Wu) of an upstream company, and also arrested one employee who was wanted for another case. They were successively transferred to the Taipei District Prosecutors Office for further questioning on the afternoon of the 6th.
After questioning, prosecutors determined that Zhou, the responsible person (Wu) of the upstream company, and co-defendants Liao, Chen, Hsu, Hung, Lei, and Hsiao (8 people in total) were highly suspected of involvement and requested their detention and restricted visitation from the Taipei District Court. Additionally, two other defendants, Hung and Chen, were released on bail of NT$300,000 and NT$200,000 respectively, and the remaining two were released. (Edited by: Chen Cheng-chien) 1150507
(Central News Agency Reporter Hsieh Chun-lin Taipei 7th) Zhou Wen-chieh, who established Shunfa Chenggong Trading Company, is suspected of laundering over NT$1 billion for fraud and gambling groups. On the 5th, prosecutors and police detained and arrested Zhou and 11 others, who were then transferred to the Taipei District Prosecutors Office for further questioning. After questioning, prosecutors requested the detention and restricted visitation for Zhou and 7 other suspects (Wu, Liao, Chen, Hsu, Hung, Lei, Hsiao), while two other suspects (Hung and Chen) were released on bail of NT$300,000 and NT$200,000 respectively, and two others were released.
According to police investigation, Zhou is suspected of using the trading company as a front to launder money for more than 10 companies, most of which came from fraud and gambling groups. After receiving the money, Zhou laundered it in three ways: instructing employees to make large cash withdrawals, arranging transfers to specific personal or company accounts, or creating fake foreign exchange contracts to remit the money overseas. Prosecutors and police initially estimate that from March last year until now, Zhou's company has laundered over NT$1 billion.
On the 5th, prosecutors from the Taipei District Prosecutors Office, under the command of the Criminal Investigation Bureau, executed court-issued search warrants at 14 locations, including Zhou's trading company and residences. They detained Zhou and 10 of his employees and the responsible person (Wu) of an upstream company, and also arrested one employee who was wanted for another case. They were successively transferred to the Taipei District Prosecutors Office for further questioning on the afternoon of the 6th.
After questioning, prosecutors determined that Zhou, the responsible person (Wu) of the upstream company, and co-defendants Liao, Chen, Hsu, Hung, Lei, and Hsiao (8 people in total) were highly suspected of involvement and requested their detention and restricted visitation from the Taipei District Court. Additionally, two other defendants, Hung and Chen, were released on bail of NT$300,000 and NT$200,000 respectively, and the remaining two were released. (Edited by: Chen Cheng-chien) 1150507