Real Estate Tycoon Duped of 1.5 Billion by 'Fake Xie Jinhe'

Reported 12 months ago

FTNN News reported that a fraud group impersonated the chairman of Financial News Network, Xie Jinhe, to set up an investment group to swindle money, deceiving numerous victims including a real estate tycoon surnamed Li who knew the real Xie Jinhe, resulting in a loss of up to 1.5 billion. The tycoon befriended Xie on LINE during a past meeting and was later tricked into investing in the Hainan International APP, eventually realizing the scam and reporting it to the authorities. Two suspects, a driver surnamed Jin and a couple providing fake bank accounts, were arrested by the Taipei City Police and are currently being investigated in court.

Source: YAHOO

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