Taiwan woman almost scammed of S$79,000 for hotpot venture after reconnecting with long-lost 'classmate'
The police determined it was a scam.
A woman from Taichung, Taiwan was on the verge of losing NT2 million (S$79,000) after reconnecting with an old classmate from nearly two decades ago. The incident unfolded when Lin stumbled upon her friend's profile on social media, sparking a series of innocuous messages that quickly turned into an enticing investment proposition.
Her friend claimed to have exclusive access to reduce procurement costs, promising a lucrative opportunity in a hotpot restaurant venture, with no risk of loss. Despite Lin's reservations, she decided to invest the considerable sum of money, unaware of the investment's location or specifics. Fortunately, vigilant bank staff noticed the large transfer and alerted Lin to the lack of clarity regarding the investment.
The bank then requested she contact the classmate to gather more information, but no response was forthcoming. Subsequent messages were ignored, and ultimately, the police concluded that the entire scheme was orchestrated by a scam ring.
Written by urgent.news from Mothership's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
