With the booming development of the online gaming industry, related illegal issues have become increasingly serious. The Taiwan judicial department has launched a large-scale special operation to crack down on gambling crimes and maintain social order, with the aim of eliminating online gaming and money laundering activities.
Table of Contents:
Toggle
Government Focuses on Online Gaming Money Laundering Issues
Police Inspectorate Involved in Gambling Crimes
Expanding the Scope of Crackdown
Gaming Operator Guo Zemin Charged with Money Laundering
Continued Monitoring and Future Direction
A recent survey shows that many so-called “entertainment cities” are engaging in money laundering activities through virtual currencies and third-party payment platforms. Just as the quasi-president Lai Ching-te is about to take office on May 20, senior officials from the judiciary and police have already launched a ten-day “anti-gambling project.” The focus of this series of actions is to purify gambling venues and carry out synchronized operations throughout Taiwan from May 6th to 15th.
What is shocking is that even the Criminal Bureau’s third-line second-star police inspector Lin Mingzuo is also suspected of colluding with gambling groups, and is charged with having 20 million New Taiwan dollars of unidentified funds flowing into his personal account. This has revealed the corruption problem within the law enforcement system and raised public doubts about the integrity of the police.
Advertisement – Scroll down for more content
In addition to targeting online gaming operators, this special operation also involves large-scale professional casinos and other illegal activities, such as firearms and drug trafficking. Furthermore, the judicial department has issued hundreds of search warrants and plans to launch a second wave of search operations in the coming weeks to further reduce the space for criminal activities.
In another case, AE Group’s CEO Guo Zemin has been prosecuted for allegedly operating an illegal gambling website and conducting underground money laundering activities totaling up to 21.7 billion New Taiwan dollars. Guo Zemin’s arrest once again highlights the severity of Taiwan’s online gaming money laundering problem.
(
“Why did the New Taipei District Prosecutor’s Office refuse to accept more than 6 million USDT stolen money from the main suspect Guo Zemin of ’88 Club’ upon his return to Taiwan?”
)
(
“The Ministry of Justice launches a virtual asset seizure platform, seizing over 400 million New Taiwan dollars worth of BTC and USDT in two days”
)
Even though some cases involving the largest online gaming website “Star City Online” have been concluded, legal disputes have not been completely resolved, indicating that the government still needs to make more efforts to uphold legal justice and fight against crime. Prior to the inauguration ceremony on May 20th, the judiciary and police will publicly announce the preliminary results of the project to demonstrate their determination and effectiveness.
Lin Mingzuo
Money laundering
Online gaming
Police inspectorate
Related Readings
“Police officer in Changhua County joins scam group after being cheated in cryptocurrency trading, providing money laundering for dummy accounts and sentenced to prison”
Regulatory crackdown on coin mixing services continues! Samourai Wallet founder indicted by the US Department of Justice for money laundering.