The New Taipei City Investigation Division of the Bureau of Investigation was divided into 5 teams today to search the residences of the person in charge of the group's Asian region surnamed Chen and the female person in charge of the self-proclaimed Taiwan region surnamed Mao. They interviewed four defendants including Chen and Mao, and investigated and dealt with crimes such as violating the Banking Law. , will be transferred to the Taipei District Prosecutor's Office for re-examination later.

(file photo)

[Reporter Qian Lizhong/Taipei Report] The "EXP ASSET" (EXP) group, which emerged in Taiwan in 2018, claims to be mining in Poland and other countries, and attracts investment in the virtual currency trading market in Taiwan, attracting tens of millions of dollars. It ceased operations in August 2019. The Taipei District Prosecutor’s Office now directs the New Taipei City Investigation Division of the Investigation Bureau to search the residences of the person in charge of the group’s Asian region surnamed Chen and the person who claims to be in charge of the group’s surnamed Mao in Taiwan. Interviews with Chen and Mao The four defendants are being investigated for violations of the Banking Law and other crimes, and will be transferred to the Taipei District Prosecutor's Office for review later.

The investigation received a report that from 2018 to September 2019, the group was suspected of soliciting investment in Taiwan, absorbing tens of millions of dollars, and hundreds of people were victimized in total. The inspection launched the first wave of searches and interviews today.