Home » Keelung woman’s life savings of NT$5.51 million was swindled out and she committed suicide in desperation. Her family members requested a severe sentence.

Keelung woman’s life savings of NT$5.51 million was swindled out and she committed suicide in desperation. Her family members requested a severe sentence.

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A Wang family in Fengyuan District, Taichung City was defrauded of gold investment. Afterwards, they were found to have committed suicide at home, resulting in the tragic death of 5 people. After the news was exposed, it triggered heated discussions among the public, and they accused the fraud group of evil deeds. However, there was also a woman named Xu in Keelung who believed in the fraud group and lost more than 5 million savings. In this regard, the court panel has sentenced the suspects surnamed Lu and Lian in accordance with the law after hearing the case.
Mrs. Xu was defrauded of millions of savings by a fraud group a few days ago, and finally chose to commit suicide because of despair. Reproduced from Pexels
Mrs. Xu was defrauded of millions of savings by a fraud group a few days ago, and finally chose to commit suicide because of despair. Photo taken from Pexels
It is understood that the man surnamed Lian is the person in charge of “Sage Stone Creative Technology Co., Ltd.” in Taoyuan City, and created the official LINE account “PSCt Coin” in the name of Sage Company as a customer service window for buying and selling virtual currency. As for the man surnamed Lu, he started working in the company in mid-2022. During this period, the two of them formed a fraud group with multiple LINE accounts such as “Chen Xiaohan Abby” to introduce “crude oil futures investment” to the victims. After the victims were hooked, they were immediately instructed to join “PSCt Coin” to buy virtual currency for investment, and then asked to transfer the virtual currency to the electronic wallet designated by the fraud group.

Upon hearing this, Mrs. Xu and another person surnamed Gao handed over 5.51 million and more than 1.46 million in cash to Lian and Lu respectively. Afterwards, Mrs. Xu noticed something was wrong and immediately reported the case for help. However, because her life savings were all swindled away by the fraud group, she chose to commit suicide in less than a month. In this regard, Mrs. Xu’s family members said sadly, “My mother was frugal all her life and had practiced Buddhism for decades. In Buddhism, suicide is a very serious sin. Although my mother was defrauded of money, she lost her life. I hope the court can impose a heavy sentence to comfort my mother’s spirit in heaven.”

During the court trial, Lian and Lu argued that they were simply engaged in the buying and selling of virtual currencies. It was the victim who had previously taken the initiative to send a message to LINE expressing his desire to purchase virtual currency, and they had no idea who had defrauded the victim. Regarding the relevant statements, the judge believed that the fraud group used investment as an excuse to ask the victim to buy virtual currency from “PSCt Coin”, and provided an electronic wallet address to transfer the virtual currency to the wallet designated by the fraud group. The two suspects received huge amounts of cash dozens of times, and the amount they obtained was tens of millions of yuan, with a single transaction even reaching 10 million yuan. Therefore, they were found to have committed dozens of crimes, and Lian was sentenced to three years and two months in prison and a fine of 300,000 yuan, and Lu was sentenced to three years and two years in prison, and fined 300,000 yuan and 200,000 yuan respectively.

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