Fraudsters make huge electoral fortunes! Car factory owner invested $1.04 million in "political advertising"

As the general election approaches, the police urge people to be careful about fraud. (Photo by reporter Yao Yuehong)

As the general election is approaching, fraud syndicates have turned their brains to the election. A business owner of a car repair shop in Kaohsiung, surnamed Wang, mistakenly believed in the "Fake Investment in Candidates' Political Advertising" program on the Internet, thinking that he would receive dividends after investing in candidate billboard ads and being elected. He was defrauded of 1.04 million yuan one after another. The Criminal Police Department called on this to be a new type of election fraud combined with current events, and the public should not be fooled.

The police said that the fraud group took advantage of voters' support mentality and claimed that the annual limit of legal political contributions to a single candidate is 100,000 yuan. If you want to increase your support, you can take shares and invest in the candidate's political advertisements. The fraud group even claimed that in the future, you can join a stock group that is personally operated by politicians. The main purpose is to guarantee profits without losing money. Based on his enthusiastic support for a specific candidate, in August this year, the boss surnamed Wang paid 1.04 million yuan in investment through transfers and cashier's checks.

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The fraud syndicate knew what was going on, and then used the bait of investing in the politician's trading stock and earning 12% of the principal in three months, encouraging the boss named Wang to continue to increase his investment. For this reason, Mr. Wang even used the pawn shop introduced by the scam group to mortgage his double-B car and borrow 900,000 yuan to prepare for investment again. Fortunately, a friend reminded him in time that something was wrong. He asked the other party for details, but was immediately blocked and deleted, and only then did he confirm that he had fallen into the fraud trap.

The Criminal Bureau emphasized that as the election campaign gradually intensifies, people expressing support should donate through legal channels and ask for receipts. The police reiterated that any tricks in the name of investing in political advertisements or taking stock of candidates, and promising substantial returns or guaranteed profits after being elected, are all fraud. The rhetoric of the fraud group; candidate advertisements and campaign funds will never solicit external investment. If the public is invited to invest by someone claiming to be from the campaign headquarters and asked to remit money or deliver a cashier's check, they must first call the 165 anti-fraud consultation hotline, or use the 165 anti-fraud dashboard smart customer service to verify.

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