Individual illegal currency dealer caught! Criminal investigation bureau releases latest fraud crackdown data: December cases decrease, Virtual Money fraud becomes focus of investigation

The Criminal Department (1/9) today (1/9) released the latest anti-fraud dashboard data, showing a slight downward trend in the number of fraud cases in December 2024 compared to November. In order to strengthen anti-fraud advocacy, the Criminal Bureau invited veteran artist Tan Aizhen and stock market celebrity Lai Xianzheng to come forward and share their own fraud experience. At the same time, with the new registration system of the virtual asset service industry on the road, the Criminal Bureau has recently seized a number of illegal Virtual Money transaction cases, indicating that fake investment fraud and Virtual Money-related crimes are increasingly rampant, among which "personal currency merchants" who have not been compliant have also been repeatedly arrested.

The Criminal Bureau invites celebrities to share their experiences, Tan Aizhen: Fraud gangs evolve rapidly like viruses.

According to EBC News, the Criminal Investigation Bureau stated that according to the latest data, although there was a slight decrease in the number of fraud cases in December compared to November, it still needs continuous attention. Among them, the Criminal Investigation Bureau specially invited senior artist Tam Ai-jen and stock market celebrity Lai Hsien-cheng to share their experiences of being deceived. Tam Ai-jen admitted that she had been a victim of fraud due to the method of impersonating the police. Although the method was old-fashioned, the means of the fraud group are constantly evolving like a virus, making it impossible to prevent. She also called on young people to pay more attention to their elders and prevent them from becoming targets of fraud due to lack of digital knowledge.

Stock market celebrity Lai Xianzheng pointed out that fraud groups used his reputation to impersonate and promote investment products, causing harm to many people. He reminded investors to be vigilant and not to easily believe in investment information of unknown origin.

The new registration system is launched, and criminal investigation targets illegal individual currency traders.

After the amendment of Article 6 of the Anti-Money Laundering Act in 2024, the Virtual Asset Service Providers (VASPs) are required to register in accordance with the law, otherwise they will not be able to provide services related to Virtual Money. The new regulations officially took effect on November 30th last year, and the Criminal Investigation Bureau immediately launched an investigation.

The criminal bureau revealed that during the investigation, an individual surnamed Chen in Kaohsiung was found to be engaged in illegal Virtual Money transactions through the dark web and Telegram without proper registration. He conducted USDT transactions with a volume of up to 400,000, with a total flow of nearly NT$10 million. The police searched his residence on December 24th last year, seized relevant evidence, and the case is currently under further investigation.

Fake investment scams are rampant, with monthly cash flow of up to 200 million yuan in the studio.

In addition to individual illegal currency dealers, the Criminal Investigation Bureau also uncovered a Virtual Money trading studio involved in the case. On the 2nd of this month, based on clues provided by investment fraud victims, police raided a Virtual Money studio located on Chengdu Road in Wanhua. The studio was not registered in accordance with the law. The person in charge, a man surnamed Lin, and a woman surnamed Liu, recruited investment clients to purchase Virtual Money for investment with a monthly salary of 40,000 yuan. Preliminary estimates indicate that the studio's monthly cash flow reached 200 million yuan. The police are currently investigating the upstream fraud group behind it.

Criminal Bureau urges: check with registered operators before investing

The criminal bureau specially reminds that, in addition to the 26 legal operators announced on the official website of the Financial Supervisory Commission Securities and Futures Bureau, all other unregistered individual currency dealers and studios are illegal operations. Before investing in Virtual Money, the public should first confirm whether the trading platform has completed legal registration to avoid falling into a fraud trap.

This article, an individual illegal currency dealer was arrested! The Criminal Investigation Bureau has released the latest anti-fraud data: cases in December have decreased, and Virtual Money fraud has become a key focus for investigation. Originally appeared on Chain News ABMedia.