How Scam Debt Collection Works – Insights from the Fengyuan Family-of-Five Tragedy

Taiwan Fengyuan Family Tragedy

According to news reports, investment fraud is the most common type of scam among high-loss fraud cases. Statistics from Taiwan’s National Police Agency show that in 2023 alone, there were 5,223 cases of investment scams. Recently, in Fengyuan District, Taichung City, Taiwan, a family of five tragically took their own lives after falling victim to an investment scam disguised as “gold purchasing for commission.” The family was burdened with massive debt and even faced violent debt collection before the tragedy occurred. STRATEGOS would like to share with you the three most common methods of investment scams…