Taiwan has once again exposed a sobering scam. The case uncovered by the New Taipei City police involves a senior executive of a biotech company, who was defrauded of 59 million New Taiwan Dollars in just a year and a half. The entire scheme can be described as an "upgraded" version of a scam.

The story is as follows: the victim was initially deceived by a fake app claiming to facilitate encrypted transactions. Seeing high returns in their account, they became increasingly convinced and continued to invest more, ultimately losing over 50 million in deposits. But the scammers didn't stop there; they became even more ruthless. They changed their tactics, claiming they would help the victim "recoup losses," and then introduced the victim to a self-proclaimed notary named Dandan (a man surnamed Su, 52 years old).

This "notary" employed highly professional methods—creating a seemingly legitimate land transaction process, preparing legally binding promissory notes and mortgage contracts. The victim was gradually drawn in, from having their online assets drained to their offline real estate being tied up. In plain terms, the scam group is now not only fishing online but has upgraded to targeting middle- and high-net-worth individuals for "comprehensive asset liquidation."

From online asset draining to offline asset stripping, the danger level of this combined attack is indeed high. Everyone must stay alert and exercise extreme caution when engaging with any investment channels.