Taiwan is turning fraud loot into cash, a warning to scammers and a chance for bargain hunters.

• Taichung's enforcement agency and local prosecutors will auction goods seized from fraud cases on September 1.
• The lot includes Hermès and Chanel bags, Richard Mille watches, a Lamborghini, and columbarium niches.
• Cars seized over unpaid taxes are also on the block, along with a charity stall whose proceeds go to a local welfare fund.
• Registration and viewing open early that morning, with bidding starting at 10am at the agency's courtyard.

Outlook: Officials frame the sale as a deterrent, and more seized-asset auctions are likely as Taiwan keeps pressing its crackdown on fraud rings.