Police officers Zeng Guoqin and Chen Yinghao from the Dahu Police Station of Neihu Precinct were on duty recently when they received a report from staff at the Donghu Branch of Cathay United Bank. The bank informed them that a man intended to withdraw NT$500,000 in cash by closing a fixed deposit account. Suspecting something unusual, the bank staff contacted the police for assistance and inquiry.

Upon arriving at the scene, the police found that the man, surnamed Kuo, claimed he needed to withdraw the NT$500,000 for a home purchase. However, his behavior appeared suspicious, raising concerns of a potential scam. After further questioning, Mr. Kuo admitted that he had been added as a friend on LINE by a stranger claiming to be a woman. She introduced him to a cryptocurrency investment opportunity and sent him a link to a trading app, which he downloaded and registered for. She then instructed him to hand over cash to a designated crypto dealer in person.

After a thorough explanation by the police, Mr. Kuo realized that many parts of his interaction and investment process with the woman were unreasonable. He finally understood that he was being scammed and decided to cancel the withdrawal, successfully avoiding financial loss. Mr. Kuo expressed sincere gratitude to the police and bank staff for their timely intervention.

Neihu Precinct, in cooperation with local financial institutions, has successfully prevented over NT$37 million in fraud losses so far in 2025. The police urge the public to stay alert, as fake investment scams are increasingly prevalent. Fraud groups often follow the SOP of “making friends first, then promoting investments” to lure victims. Please remember: “Any crypto dealer coming to your home to collect cash is a scam.” If you have any doubts, call the anti-fraud hotline at 165 or contact the police by dialing 110.