Reported 10 months ago
The Criminal Investigation Division of the Hualien County Police Department recently discovered illegal activities where mobile phone stores in Hualien and Ji'an areas were actually offering high-interest loans under the guise of installment payments. They would assist customers in applying for high-interest loans from financing companies, adding a 'profit' ranging from NT$6,000 to 10,000, then buy back the phones at a lower price after the loan was approved, resell them at a higher price, and leave customers burdened with high debts. Two suspects were detained, and the case will be investigated for fraud, usury, and forgery by the Hualien District Prosecutors Office.
Source: YAHOO