Retired Woman Cheated 1.2 Million by Scam Group Claiming to Offer 50% Discount on Buying TSMC Treasury Stocks

Reported 8 months ago

A retired woman in Linkou district, New Taipei City, lost 1.2 million after being deceived into an investment group promising to offer a 50% discount on purchasing TSMC treasury stocks through fraudulent Facebook advertisements. The woman, Lin, aged 70, realized she was a victim of fraud when attempting to withdraw her supposed profits of over 3 million and was asked to pay 810,000 as handling fees, leading the police to set up a sting operation resulting in the arrest of a 19-year-old accomplice. Lin was advised by the police to trick the scam group into a meeting, aiding in the arrest. The police reminded the public to be cautious when choosing legitimate investment channels and seek verification to avoid falling into investment fraud traps.

Source: YAHOO

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