Reported about 1 year ago
Two optoelectronics companies were accused by the public of soliciting investments that were declined, then turning to borrow money from them. Afterward, they not only defaulted on repayment but also counter-sued multiple creditors for charging heavy interest. The accused companies had participated in the Taipei International Computer Show, where they were allegedly involved in a multimillion-dollar bank fraud. The chairmen of these companies were arrested, with one being detained and the pregnant one released on bail. However, they have not responded to the borrowing disputes yet. One complainant described feeling deceived by the companies' high-interest rates and false promises when borrowing money, leading to accusations of fraud and uncertainty if the money can be recovered from these optoelectronics companies.
Source: YAHOO