A businessman in Chiayi County lost over 50 million NTD after falling victim to a fraudulent investment scheme by a scam group. The group used the bait of purchasing 10 kilograms of gold, leading to a loss of over 25 million NTD for the victim. Upon receiving the report, the Criminal Investigation Team of Chiayi County Police swiftly launched an investigation, confirming that the victim had been scammed. The police quickly set up a task force to trace the scam group members. After an in-depth investigation, the police arrested the suspect, Lee, posing as an "investment company's external specialist," and Pan, the lookout, when they attempted to extract money again. The police successfully intercepted 10 million NTD in cash that the victim was about to hand over and seized several forged documents.
The prosecutor directed the police to continue expanding the investigation, leading to the arrests of suspects surnamed Tsai, Chen, and Huang on September 1st and 2nd. All suspects have been transferred to the Chiayi District Prosecutors Office, and the prosecutor has requested the court to detain them. 
Seized Evidence (Photo / Screenshot from the National Police Agency Website)
The scam group spreads false investment advertisements through social media platforms like Facebook, claiming to offer "high-profit, low-risk" investment plans to lure people into their "investment groups." Fake accounts in the group showcase successful investments to attract victims to download fake investment apps and deposit money. When victims request withdrawals, the scammers delay the process with various excuses and demand additional funds. Eventually, they cut off all contact and disappear.
Chiayi County Police emphasize that investors should use legitimate channels for investments and be wary of any investment pitch promising "high profit, low risk." Special caution should be taken with investment ads on social media and unfamiliar apps to avoid falling victim to scam groups. The police urge the public to stay vigilant and protect their assets.
