Prosecutors yesterday appealed the court’s decision to grant bail to Tu Yu-wen (?又文), a suspect in the Prince Group probe, and are tracking down another suspect, Hu Xiaowei (胡小偉).
The Prince Group, based in Cambodia, was sanctioned last month by the US for transnational fraud and money laundering involving Taiwanese nationals and companies.
Judicial authorities carried out raids on Tuesday, and seized more than NT$4.5 billion (US$144.95 million) in assets, including seven luxury cars.
Photo: Taipei Times
Twenty-five people were also taken in for questioning.
Taipei prosecutors applied to detain Tu, after a judge on Tuesday granted her a NT$300,000 bail.
The modest bail amount drew public backlash, as the case involved billions of dollars in illegal proceeds.
Tu is in charge of 11 Prince Group luxury apartments in the Peace Palace (和平大苑) in Taipei’s Daan District (大安), prosecutors said.
Prosecutors alleged that Hu is the second-in-command of Prince Group head Chen Zhi (陳志).
Hu came to Taiwan multiple times over the past few years to set up and supervise the group’s nine subsidiary firms, which are all in Taipei, they alleged.
Four key suspects in the case were detained with restricted communication, as the court found they were likely to collude and tamper with evidence.
They included Taiwan Skyline Worldwide executives Ku Shu-wen (辜淑雯) and Chiu Tzu-en (邱子恩), alleged head of several Prince Group firms Wang Yu-tang (王昱棠), as well as Lee Shou-li (李守禮), the assistant of Chen’s top aide, Li Tian (李添).
A preliminary probe found that Prince Group ran scam centers and online gambling schemes abroad, and laundered the illegal gains by purchasing properties and luxury cars, prosecutors said, adding that the group allegedly had links with major Taiwanese crime syndicates involved in financial and investment fraud schemes.
FUKUOKA SITUATION: Japanese media reported that the pathogen is expected to be identified by the summer, while the CDC downplayed the idea that it was hMPV A “mysterious cold-like illness” reported in Japan’s Fukuoka Prefecture does not seem to be a new disease, but Japanese authorities have been asked about the situation, the Centers for Disease Control (CDC) said yesterday. The Fukuoka Prefectural Medical Association on Wednesday told a news conference that a “mystery cold” that has become a hot topic on social media is “highly likely to be caused by some kind of viral infection,” Japan’s KBC News reported. “Many people are experiencing symptoms starting with a sore throat, followed by a runny nose, phlegm and a severe cough,” KBC News reported, citing association officials. Health authorities are
Nvidia Corp CEO Jensen Huang (黃仁勳) arrived in Taiwan yesterday ahead of upcoming AI and technology events, saying he plans to meet with clients and Taiwan Semiconductor Manufacturing Co Chairman C.C. Wei (魏哲家) during his visit. After landing at Taipei Songshan Airport, Huang posed for photos with fans and handed out Yakult drinks to reporters and supporters waiting at the scene, saying he has “a lot to do” during the trip. Asked about reports that Nvidia’s planned headquarters site in Taipei’s Beitou Shilin Technology Park could break ground on May 27, Huang said that if the company holds an event, he would
Carrefour Taiwan is to begin using a new name from the start of July, but it cannot divulge the name until then, the chairman of the supermarket chain's parent company said today. President Chain Store Co chairman Lo Chih-hsien (羅智先) was asked by reporters after a shareholders' meeting to confirm whether the company has settled on a new name for the supermarket brand. In March, the government-registered name of two Carrefour Taiwan branches was quietly changed to "Le Chia Kang" (樂家康) in Chinese, raising speculation that has been selected as the name. Lo said that because of local regulations and contractual obligations, the
The Philippines would likely be involved in any conflict over Taiwan due to its proximity to the democracy claimed by China, President Ferdinand Marcos Jr said, reiterating a stance that risks angering Beijing. “In the Philippines, we do not have a choice because Taiwan is so close to the Philippines and we have almost 200,000 Filipino nationals living and working in Taiwan,” Marcos said in an interview with Japanese media in Manila on Monday. The Philippine leader’s comments come ahead of a state visit to Japan next week, where he is to meet with Japanese Prime Minister Sanae Takaichi to discuss security
RSS