Strictly investigate the selection of overseas funds, and the High People’s Procuratorate seized more than 2.2 billion in criminal proceeds in two waves

In order to prevent the introduction of illegal overseas funds, the High People's Procuratorate coordinated the nationwide procuratorate, police and investigation agencies to launch two waves of illegal cash flow projects from August to November this year. A total of 445 cases of illegal cash flows were discovered, 146 people were approved for prosecution, and 1.31 billion in cash and bank accounts, more than 1.86 million virtual currencies, 56 real estate transactions, and 30 properties were seized. vehicles, more than 70 kilograms of gold, more than 700 kilograms of silver, as well as high-priced boutique bags, luxury watches, gold jewelry, etc.; the Bureau of Investigation also announced today the execution results of two waves of projects, with a total of 85.84 billion yuan in illegal cash flow seized and 2.24 billion yuan in criminal proceeds seized; conservatively estimated, the High Prosecutor's Office seized at least more than 2.2 billion yuan in criminal proceeds in the two waves of projects.

The High People's Procuratorate carried out the first wave of illegal financial flow projects from August 17 to September 4 this year. The second wave of the project was from October 9 to November 6. The purpose of the project was to investigate crimes such as underground exchanges, illegal finance, money laundering and gambling, trace the sources and flows of illegal funds, and prevent the flow of funds into elections.

The High Prosecutor's Office said that in the second wave of special investigations, a total of 233 cases of illegal cash flow were discovered, 619 people were involved, and 71 people were approved for detention. In terms of seizure of proceeds of crime, a total of approximately 408.65 million yuan in cash and bank account deposits, more than 350,000 Tether coins, more than 34,000 U.S. dollar stable coins (USDC), more than 33,000 ADA coins, and There are more than 1.056 million Ripple coins (XRP); physical assets include 10 vehicles, a total of 456 mobile phones, tablets and computer hosts of various types, 20 real estate transactions, and even more than 70 kilograms of gold and more than 700 kilograms of silver.

The two waves of operations by the High People's Procuratorate have uncovered 445 illegal money flow cases involving 1,207 people, and 146 people have been detained. A total of 1.31 billion in cash and criminal proceeds in bank accounts have been seized, and 1.863 million in various virtual currencies have been seized. More than a thousand pieces; in addition, 30 vehicles, 1,306 pieces of various mobile phones, mobile vehicles and computer hosts, 56 real estate transactions, more than 70 kilograms of gold, more than 700 kilograms of silver, and about 100 high-priced boutique bags, watches, gold jewelry and other large quantities of property were seized.

The Bureau of Investigation pointed out that in the second wave of operations, a total of 13 field offices across Taiwan were mobilized, 44 cases were investigated, 120 premises were searched, 198 people were interviewed, 18 people were detained by the judge, 62 people were released on bail, and an amount of underground remittances amounting to RMB 5 was seized. 460 million yuan, the amount of money laundered by water houses totaled 3.86 billion yuan, the amount of money laundered by illegally collecting various account numbers totaled 65.78 million yuan, the amount of tax evasion and other money laundering crimes totaled 11.04 billion yuan, and illegal criminal cash flows of 22.97 billion were seized.

The actual proceeds of crime seized were approximately RMB 480 million, including RMB 111.38 million in cash, RMB 1.45 million in bank funds, 72 kilograms of gold, 724 kilograms of silver, 19 Tether coins, 33,528 Ada coins, and 1,056,652 Ripple coins. During the two waves of projects, the Bureau of Investigation seized a total of RMB 85.84 billion in illegal cash flows and seized a total of RMB 2.24 billion in criminal proceeds.