Taiwanese Prosecutors Launch Raid on Prince Group's Taiwan Operations
Secretary to Li Tian, Cheun J's Closest Aide, Released on Bail
"Shows No Shame"?Controversy Erupts Over Smiling Suspect
As Taiwanese prosecutors launched a raid on the local base of "Prince Group," which has been identified as being behind Cambodian criminal organizations, controversy has arisen after a suspect was seen smiling brightly.
A close aide of Cheun J, chairman of Prince Group, Liu Chunyu, the secretary of Li Tian, was captured smiling as she paid bail and left the prosecutor's office, sparking controversy. Taiwanese online news channel CTI
On November 6, Taiwan's Central News Agency (CNA) and Liberty Times reported, "On November 4, Taiwanese prosecutors conducted a search and arrest operation, detaining 25 suspects."
Previously, in October, the U.S. Department of the Treasury designated Prince Group as a "transnational criminal organization," imposing 146 sanctions and indicting Cheun J, the 39-year-old chairman of Prince Group, on charges including online financial fraud and money laundering. The sanctions list included three Taiwanese nationals and nine companies registered in Taiwan.
Taiwanese prosecutors carried out compulsory investigations into 12 related companies, including Tianxu, which has offices on the 15th and 49th floors of Taipei 101, a landmark building in Taiwan, as well as 11 luxury residences purchased using shell companies established by Prince Group in Taiwan and other real estate assets.
Among those arrested, detention warrants were requested for five key executives of the Taiwan branch, including Wang Yutang. Visits were also prohibited. During the search and seizure, authorities reportedly confiscated 26 luxury vehicles and more than 60 bankbooks with large balances, totaling 4,527,660,000 Taiwan dollars (approximately 211.7 billion won).
According to reports, 11 of the suspects were referred to the prosecutor's office for further investigation, but some were granted bail. Among the nine who were granted bail was Liu Chunyu, the secretary to Li Tian, a close aide of Cheun J.
However, controversy erupted after Liu Chunyu was captured leaving the prosecutor's office with a bright smile. In footage broadcast by Taiwan's online news channel CTI, Liu Chunyu, dressed in a loose-fitting checkered shirt, is seen leaving the prosecutor's office with a light step.
Taiwanese netizens harshly criticized Liu Chunyu's demeanor, which appeared excited and showed no sign of remorse. The controversy intensified after it was revealed that her bail was only 150,000 Taiwan dollars (about 700,000 won). Netizens commented, "So many people suffered, yet she shows no shame," "The punishment is too lenient. The justice system has collapsed," and "This is exactly why fraud crackdowns don't work."
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