Reported 8 months ago
Multiple cases of bouncing checks totaling over 400 million NTD have emerged from Taiwan Land Development Company, leading to suspicions of falsifying trading records during a financial crisis. Former chairman Qiu Fusheng and his daughter Qiu Yuyun were summoned by the Taipei District Prosecutors Office for interrogation. The company, founded in 1964 and listed in 1999, faced financial difficulties from 2020 to 2022, resulting in its delisting in August 2022. Further investigations are ongoing to clarify the details.
Source: YAHOO