Taichung father and son open a counterfeit currency store to launder money for NT$3.1 billion, prosecutors seek 20 years in prison
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2025-03-25 13:02 8,704
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On March 25, according to a recent report by United Daily News, a father and son named Zhou from Taichung (Taiwan, China) cooperated with an overseas fraud group to open 10 virtual currency stores across Taiwan to conduct USDT money laundering, with the amount involved in the case reaching NT$3.1 billion and the victims were more than 1,000. The Yunlin Land Prosecutor's Office prosecuted 17 people for aggravating fraud and money laundering, and requested a heavy sentence of 20 years on the main suspect Zhou Hongwei and others.