CIB busts telecommunications fraud organization


The China Post news staff

The Criminal Investigation Bureau (CIB) launched a massive operation Thursday on a telecommunications and money-laundering fraud ring, arresting the mastermind and members from Taichung, New Taipei City and Taoyuan County. The ringleader, surnamed Wang, operated the ring with his twin brother and roughly 10 other members. Police first became aware of Wang’s activities in September, detaining him before he was released on bail. Wang continued to command his underlings, even orchestrating frauds overseas. The group rented out apartments as their telecommunications headquarters, and on many occasions, members committed the crimes masquerading as police and conned many victims to the tune of NT$100 million. The CIB was on their tail, conducting surveillance on the group’s Taoyuan County and New Taipei City residences before finally ambushing them on Thursday. Police impounded answering machines, online transaction machines and other incriminating evidence indicating that on top of committing fraud via telephones, the group had also laundered money for their members. The CIB admitted that the number of victims is hard to verify. All suspects have been sent to the Taichung District Prosecutors’ Office, where investigation may reveal the extent of the fraud group’s crimes.