The main suspect in the OPIX forex scam lost control and attacked reporters after being released on bail. Lawyer Xu Wanwei explains how to prevent investment fraud and the elements and criminal liability of aggravated fraud.

News Headline:The main suspect in the OPIX forex scam lost control and attacked a reporter, Huang Yu-zhen, a reporter from TTV News.

News link:https://youtu.be/r7_6bjDgoKM?si=AW3JT9CoH8pG8KXZ

The so-called "OPIX Forex Investment Program" from Malaysia, touting AI algorithms and guaranteed profits, is suspected of swindling at least 30 million NTD. Investigators conducted raids in seven locations and questioned nine people. Despite making a considerable fortune, the main suspect and his ex-wife couldn't even afford the 1 million NTD bail, resulting in a reduced bail. One of the salesmen, surnamed Chen, was released on 500,000 NTD bail. Upon leaving the bailroom, he became emotionally unstable, throwing bags and water bottles at reporters, causing chaos at the scene.

Attorney Hsu Wan-wei of Fidelity Law Firm stated that the unlicensed operators, who touted AI-powered forex trading as offering stable and high returns, were using a Ponzi scheme to lure funds and commit investment fraud, thus constituting suspected illegal fundraising and aggravated offenses under the Banking Act.FraudIt may also violate provisions related to money laundering and organized crime; the basic statutory penalty for multiple offenses is imprisonment for not less than three years and not more than ten years. If the illegal gains exceed 100 million yuan, the maximum penalty is imprisonment for not less than seven years.