Taiwan court cuts asset seizure in NT$109 million offshore fund scam, clears couple's daughter

Aug 20, 2026

A Taichung retrial has trimmed how much money the state can claw back from a couple convicted of running a fake offshore "guaranteed principal" fund, and dropped the seizure against their young daughter entirely.

  • A man and his ex-wife took in more than NT$109 million by selling a Hong Kong-registered fund that promised safe principal and fixed yearly payouts of 10–12%.
  • Their prison terms — about seven and a half years each for breaking banking law — are already final; only the money side is still in play.
  • The retrial cut the seizure from over NT$83 million to about NT$58 million, after subtracting principal already paid back and commissions and dividends handed out over the years.
  • The daughter was seven when the scheme ran, and the court found no proof she controlled the tea company account in her name, so her assets are no longer forfeit.
  • Investors kept adding money while interest was flowing, then filed complaints in mid-2015 when the payments suddenly stopped.

Outlook: The seizure ruling can still be appealed, so the final amount recovered for investors is not settled.

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