Former Chairman of Taichung Bank Surprises with Remarkable Financial Strength: Raises 150 Million Cash Bail Within 3 Hours and Released Late at Night

Reported over 1 year ago

On June 21, 2024, at 10:15 pm, former chairman of Taichung Bank, Wang Guifeng, managed to raise 150 million cash bail within 3 hours, showcasing his impressive financial capabilities. Wang was accused of embezzling 1.1 billion public funds to buy supercars and luxury homes, living a lavish lifestyle. Despite facing 15 years in prison, he was granted bail by the New Taipei District Court but had to complete the transaction by midnight, leveraging his wealth and connections to gather the cash swiftly and leave the court around 11:30 pm, leaving many amazed.

Source: YAHOO

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