According to previous reports, the Criminal Investigation Bureau of New Taipei City has cracked down on a virtual currency fraud case led by a man surnamed Pan, the former head of the Taiwan cryptocurrency exchange “ACE Wangpai Exchange,” and his partner surnamed Lin. According to the police investigation, Lin and Pan have used false advertisements to deceive over a hundred investors into investing in worthless virtual currencies such as MOCT, NFTC, and BNAT over the past three years. The amount involved in the case is estimated to be as high as 1 billion New Taiwan dollars.
Due to the large number of victims, the Criminal Investigation Bureau of New Taipei City issued a statement yesterday urging victims to report the incidents actively in order to protect their rights. The Criminal Investigation Bureau of New Taipei City advises victims to follow the following procedures:
1. First, confirm whether the virtual currency involved in the investment fraud is “NFTC,” “BNAT,” “MOCT,” “SOLA,” “CSO,” “QQQ,” “QAS,” “PT,” “DS,” “BAAS,” “DEC,” “DET,” “FITC,” or “COR.”
2. Please fill out the Google form and provide details of the case. Here is the related link: https://forms.gle/3yKKFJXhKAcHubGs9
3. Prepare the investment contract, conversation records, transfer information, etc., and go to the nearest police station to file a report and obtain a report certificate.
4. After completing the report and uploading the relevant documents, the Criminal Investigation Bureau of New Taipei City and relevant units will continue to investigate and handle the case based on the form and report information.
