Reported about 1 year ago
Kuomintang legislator Wang Hongwei held a press conference revealing the close connection between Three Links Group and the fraud ring 'ACE Trading Exchange.' The money laundering mastermind, Xie Shiyin, ran the company 'Yizhuan' on the third floor of the Three Links Building, with former Deputy General Manager of Three Links Mobile Media Department, Lin Huizhen, as the company's supervisor. Three Links Metropolitan Channel assisted in whitewashing the fraud group in April last year, and soon after, launched the new program 'BIBO Wish Partner.' Three Links Group responded by stating that 'Yizhuan Company' is an external investment of a subsidiary of the Three Links Group, has ended cooperation, and supports investigating the fraud group. Wang Hongwei further revealed that after assisting in money laundering for ACE Trading Exchange, Xie Shiyin established the company 'Yizhuan Limited' in a joint venture with a subsidiary of Three Links, promoting the exclusive sponsorship of the program 'BIBO Wish Partner' by ACE Trading Exchange. Wang urged Three Links Group to clarify the relationship with the fraud group, why they opened a company with the suspects and provided space, and if the program funds were from fraudulent proceeds.
Source: YAHOO