A father and son in Taichung opened a counterfeit currency store to launder NT$3.1 billion, and the prosecutor requested a 20-year sentence

avatar
PANews
03-25
This article is machine translated
Show original

PANews reported on March 25 that according to a recent report by the United Daily News, a father and son surnamed Zhou from (Taiwan, China) collaborated with an overseas fraud group, opening 10 virtual currency stores across Taiwan to launder USDT, involving an amount of up to 31 billion New Taiwan dollars and affecting over 1,000 victims. The Yunlin District Prosecutor's Office has indicted 17 people on charges of aggravated fraud and money laundering, seeking a 20-year heavy sentence for the main suspect Zhou Hongwei and others.

Sector:
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
1
Add to Favorites
Comments
Followin logo