Police raids in several cities have closed down a major international gambling syndicate, the largest-known underground bank for remittances between Taiwan and China, and the focus of an ongoing investigation into wagers on the Jan. 11 presidential election.
Investigators said that they on Wednesday detained the suspected backer and proprietor of the syndicate, a 50-year-old man surnamed Hsiao (蕭), who has extensive business and real-estate holdings in Chiayi County and central Taiwan, along with Hsiao’s suspected business partner, a man surnamed Lai (賴), who is in his 40s.
Hsiao, who remains in custody, was subpoenaed along with more than 100 people, including syndicate members, witnesses and regular betting customers, police said, adding that Lai fled to the Philippines, where the syndicate had also established a betting office.
Photo courtesy of the Chiayi District Prosecutors’ Office via CNA
The Chiayi District Prosecutors’ Office, which is coordinating the probe, conducted the raids, gathering evidence and serving subpoenas, with law enforcement units in 72 localities — including Taipei, Chiayi, Taoyuan, Taichung and Kaohsiung.
The case is related to another Chiayi-based underground bank, led by a man surnamed Wu (吳), which in the year prior to an August raid conducted NT$8 billion (US$264.9 million) in money transfers and remittances between Taiwan and China, Chiayi head prosecutor Tsai Ying-chun (蔡英俊) said.
Hsiao was allegedly the “big boss” of Wu’s operation, Tsai said, adding that Hsiao’s syndicate and an affiliated underground bank transferred NT$13.9 billion, mostly from China to Taiwan.
As of yesterday, Chiayi prosecutors had listed Hsiao, Lai and 20 other people as suspects who could be charged with breaches of the Banking Act (銀行法) and the Money Laundering Control Act (洗錢防制法), as well as illegal gambling offenses under the Criminal Code.
The probe is shifting its focus to Hsiao’s China money connection and an election gambling pool that allegedly provides financial and political support from China for Kaohsiung Mayor Han Kuo-yu (韓國瑜), the Chinese Nationalist Party’s (KMT) presidential candidate, Tsai said.
According to a man surnamed Shih (施), who said that he bet on the outcome of the presidential election, the gambling pools favor President Tsai Ing-wen (蔡英文) with a “point spread” — meaning she would lead by that number of votes — of more than 700,000, and up to 1 million in some pools.
However, the house can offer an unreasonably high return to players limiting their wager to Han beating the spread, Shih said, adding that this encourages people to persuade their family and friends to vote for Han so that he hopefully beats the spread, wins the election and makes them rich.
This was allegedly how gambling pools backed by Chinese money helped Han beat former Democratic Progressive Party legislator Chen Chi-mai (陳其邁) in last year’s Kaohsiung mayoral election, as city residents bet NT$1,000 on Han’s victory at even odds and were offered 10 times that in winnings, Shih said.
Wednesday’s raids seized 67 desktop and notebook computers, about 200 cellphones and more than 200 USB drives, as well as NT$5.45 million of local currency and NT$960,000 of foreign currency, six luxury vehicles and 16 diamonds — with the largest one having an estimated value of NT$6 million.
The Tourism Administration yesterday announced that it would reward repeat international visitors with incentives of up to NT$8,000 to boost inbound tourism. The incentives are available to all international tourists, it said, adding that repeat visitors would be rewarded with NT$5,000 and would receive an additional NT$3,000 if they bring travel companions. The nation received 2,990,657 inbound visitors during the first quarter, marking a 3.8 percent increase from the same period last year, agency data showed. Japanese nationals are among groups visiting Taiwan the most. About 1.48 million Japanese tourists arrived last year, a year-on-year increase of more than 12
66 FIGHTER JETS: The aircraft is likely undergoing preparations for its transfer to Taiwan — a significant step forward in the nation’s modernization program, a lawmaker said The first of Taiwan’s order of F-16V Block 70 aircraft has been sighted in Texas ahead of delivery, Democratic Progressive Party (DPP) Legislator Wang Ting-yu (王定宇) said. Taiwan’s first F-16V Block 70 two-seat aircraft, tail number 6831, was seen flying from Lockheed Martin’s production facility in Greenville, South Carolina, to Naval Air Station Joint Reserve Base Fort Worth in Texas, Wang wrote on Facebook yesterday. The plane is likely undergoing preparations for its transfer to Taiwan, marking a significant step forward in the Republic of China Air Force’s modernization program, Wang said, citing military analysts. The F-16V Block 70 is a new-build version
‘BRAZEN’: The holiday did not stop China from activities that infringe on Taiwan’s maritime jurisdiction, but the CGA is ready to defend the nation, Kuan Bi-ling said Beijing is intensifying maritime pressure on Taiwan, but the nation will never yield, Ocean Affairs Council Deputy Minister Sung Chen-en (宋承恩) said. The Coast Guard Administration (CGA) has adopted a “shadowing and monitoring” approach to avoid falling into a Chinese trap to escalate tensions and deepen the conflict, Sung said in an interview published yesterday in the Chinese-language Liberty Times (the Taipei Times’ sister newspaper). China Coast Guard formations patrolling waters east of Taiwan, as well as official Chinese vessels entering areas around Itu Aba Island (Taiping Island, 太平島) and Pratas Islands (Dongsha Islands, 東沙群島) show Beijing’s attempts to significantly step up
Taiwanese aviator Roger Lin (林睿哲) returned to Taiwan on Saturday after completing a nine-day round-the-world journey in a single-engine aircraft, becoming the first Taiwanese pilot to achieve the feat. Lin departed on June 5 from Los Angeles, California, and continued through Alaska, Japan, Taiwan, the Philippines, Indonesia, Malaysia, Thailand, Nepal, Jordan, Norway, Iceland and Canada before landing at the Taipei International Airport (Songshan) via Los Angeles and Japan. Lin shared numerous photos and videos of his journey on a Facebook page titled “Pilot Roger’s Around the World Flight,” including a video showing his aircraft flying over the Danjiang Bridge and
RSS