Reported about 1 year ago
Nationalist Party (KMT) legislator Wang Hongwei held a press conference today, exposing the close relationship between SET News Group and fraud group 'ACE Trading Exchange' money laundering suspect Xie Shiyin, who even helped promote programs. Senior media figure Huang Yangming revealed that former legislator Chen Po-wei, who was constantly touted as the 'highest advisor of the Legislative Yuan,' was previously involved in the ACE Trading Exchange fraud case while hosting a program on SET. Huang questioned, based on Chen's previous criticism of Xu Qiaoxin, whether he has also become an accomplice in this fraud case. The fraud group involved in this case swindled over 1,200 people and amassed around 8 billion in fraudulent funds. Legal proceedings have been initiated against 32 individuals in connection with this case.
Source: YAHOO