Jia City Police Reveals Taiwan's Land Master's Technique: A 7-year-old man who set up a land loan insurance of NT$12 million fell into a fraud trap

A 70-year-old man from Chiayi City recently went to the Chiayi City Land Affairs Office and claimed that he wanted to apply for a land loan of NT$12 million in order to repay debts and renovate his house. The land affairs clerk saw that the man was in a panic and was talking repeatedly, so he implemented the joint prevention reporting mechanism and notified the police to attend the scene. After the police revealed that the "Taiwan Land Master" used fake investments to brainwash people into setting up mortgages and applying for advance registration, the man suddenly realized that he had almost fallen into the trap of a fraud syndicate and saved more than NT$10 million in assets.

The police said that the man went to the Land Affairs Office last month to apply for a land loan of up to 12 million yuan. The Land Affairs Office personnel asked about the purpose and saw that he kept talking repeatedly, so they notified the Changrong Police Station of the Chiayi City Police Station No. 1 Branch to the scene.

The police found that the account under the man's name had already been listed as a warning account, and he could not provide proof of the renovation contract. They also found that there was a fake investment fraud message on his mobile phone, "Guaranteed profit, no loss, pay deposit." The police immediately analyzed the fraud scheme, and the man became alert that he might be defrauded.

Chiayi City Police Chief Chen Mingzhi said that Chiayi City has established a front-end early warning mechanism across bureaus. Among them, the Land Affairs Department won this year's National Urban Governance Excellence Award Cities 50 with "Cracking the Ground Engineer to Create a New Real Estate Fraud Prevention Model" to prevent fraud groups from using fake investment techniques to fraudulently set up mortgages and handle advance notice registrations, resulting in property losses.

Chen Mingzhi called on those who own real estate properties to keep in mind the "three no's principles" to prevent fraud. The identity documents and seal certificates should "never leave the person", the original title should not be handed over to strangers or written on behalf of unknown origins, and claims that the real estate mortgage is guaranteed to double the investment should "never be believed." If you have a property under your name, you should go to the land office as soon as possible to complete the "Cadastral Change Instant Notification". You can add a dual-track notification of the phone number and email of trusted relatives and friends. Through technological protection and joint police and local defense, you can protect the foundation for the whole family to live in peace and contentment.

The police remind that the Chiayi City Land Office’s “Cadastral Change Instant Notification” is a free service that can help crack down on fraud schemes.