S'porean detained in Taiwan for alleged fraud

[lauhumku]

S'porean detained in Taiwan for alleged fraud
By Christina Lo | Posted: 15 June 2010 1606 hrs
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TAIWAN: A 53-year-old Singaporean has been detained in Taiwan for an alleged fraud case.

Chen Si-yuan was detained when he tried to leave the Taoyuan International Airport on Monday.

Prosecutors told Channel NewsAsia that Chen was accused of cheating two Taiwanese from 2006 to 2009.

Chen reportedly had a previous conviction in Singapore for nine cases of criminal breach of trust.

After serving a two-year jail term, he was released in 2004.

He then moved to Thailand and Myanmar where he continued to cheat.

Chen got to know the Taiwanese victims through his brother.

Chen persuaded the Taiwanese to invest about
100 million Taiwan dollars (nearly S$5m) in a mining scam in Thailand and Myanmar.

He is currently detained in Taipei's Shilin prosecutors office.

- CNA/ir