Reported 8 months ago
In order to avoid suspicion, a fraud syndicate instructs victims, like W, to mention 'paying for renovation work' during bank transfers. A woman was lured by a man claiming to be a manager, 'Chen,' to join a stock investment group and invest 640,000 NTD through an app. When she tried to transfer the money, the bank staff noticed irregularities and alerted the police. The woman admitted to being part of the investment group where false promises of high returns were made, and was told to transfer funds to a private account while using the excuse of 'renovation payment' to avoid delays. Thanks to the vigilant bank staff and police, the woman was saved from losing her hard-earned money.
Source: YAHOO