Reported about 1 year ago
A 55-year-old woman in New Taipei City was scammed out of 43.08 million yuan by a fraud ring on LINE who convinced her to invest in gold and virtual currency (Tether) through a link sent on the messaging app. The woman, believing the promise of high returns, made several payments and cash transactions to the scammers. The fraud was uncovered when the scammers requested a guarantee deposit and the woman realized she had been deceived, leading to the arrest of a suspect for fraud and money laundering. Police urge the public to be cautious of investment scams and not to trust unsolicited links related to investments.
Source: YAHOO