TAIPEI - The Criminal Investigation Bureau (CIB) arrested 16 persons allegedly running an online used car sales fraud scheme in June and September. According to the CIB, the suspects advertised on a famous auto sales website the sales of used luxury cars for extraordinarily low prices. One group of suspected scammers would first require victims drawn by the ads to pay a down payments for their orders. In order to gain the victims' trust, the scammers would give them the bank passbooks, debit cards or seals of the dummy accounts. In 2017 alone, the fraudsters have scammed more than NT$20 million from over 20 victims, the CIB said.

Source: The China Post September 13, 2017 08:03 UTC