Taiwanese cheats trio out of 2.45 million yuan in investment scam

2019-08-07 07:34
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Two mainlanders and a Taiwan resident were cheated in an investment scam by a Taiwanese junket operator, Judiciary Police (PJ) spokesman Lai Man Vai said during a regular press conference yesterday.

According to Lai, the 58-year-old Taiwanese suspect is surnamed Chen. He told the police that he works as a junket operator in Macau. The three victims comprise two males and a female. The male victim from Taiwan is a 68-year-old retiree. The two mainland victims are a 35-year-old businesswoman and a 32-year-old businessman.

The Taiwanese victim introduced the two mainlanders to Chen several years ago. In May 2017, Chen told the victims that he had obtained a junket operator licence and set up a junket business in local casinos’ VIP rooms. Chen asked them to invest in his business, offering them a monthly interest ranging between four and six percent. They struck a deal and the trio gave Chen a total of 2.45 million yuan in cash (2.81 million patacas). Initially, they received interest from Chen every month, Lai said.


Judiciary Police (PJ) spokesman Lai Man Vai answers reporters’ questions during a regular press conference yesterday while Public Security Police (PSP) spokesman Cheong Heon Fan looks on. Photo: Kristy Chan

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