Taiwan man arrested for cyber love scams

May 27, 2009
File photo shows people at a computer show at the Taipei World Trade Centre. A Taiwanese man has been arrested for allegedly swindling more than 200 million Taiwan dollars (6.25 million US) from 50 women in one of the largest cyber scams in the country, police said.

A Taiwanese man has been arrested for allegedly swindling more than 200 million Taiwan dollars (6.25 million US) from 50 women in one of the largest cyber scams in the country, police said.

The suspect, Chuang Shih-chung, claimed to be working for a Malaysian investment firm and encouraged the women he met on online dating sites to buy overseas stocks through him, said the Bureau.

At least 50 women from across have fallen victim to the 31-year-old, who was arrested on Tuesday with four accomplices, the bureau said, adding that more victims have subsequently contacted the police.

Those duped included civil servants, teachers and nurses, but none of the women had ever met Chuang in person, according to the police.

Chuang faces charges of fraud, , document forgery and illegal possession of drugs, police said.

(c) 2009 AFP

Explore further: Japanese police team up with Microsoft to fight cyberspace crime

Related Stories

Israeli police probe hi-tech info theft

May 25, 2006

Israel police investigators have detained a man suspected of stealing hi-tech secrets from his employer during the goodbye bash the company threw him.

Recommended for you

Facebook ready to test giant drone for Internet service

July 30, 2015

Facebook says it will begin test flights later this year for a solar-powered drone with a wingspan as big as a Boeing 737, in the next stage of its campaign to deliver Internet connectivity to remote parts of the world.

Power grid forecasting tool reduces costly errors

July 30, 2015

Accurately forecasting future electricity needs is tricky, with sudden weather changes and other variables impacting projections minute by minute. Errors can have grave repercussions, from blackouts to high market costs. ...

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.