Taiwanese police have dismantled a large online gambling and money laundering operation, a win for law enforcement and a blow to a group that moved billions of Taiwan dollars in dirty cash.

• Police raided homes across five cities and counties and arrested 27 people, including the ring's alleged leader and its money launderer.
• The group had moved out of a Taichung office district and split up into ordinary homes after sensing a crackdown was coming, running the operation as work-from-home.
• Officers found stacks of cash worth about 17 million Taiwan dollars hidden in a safe, along with computers, phones, shell company seals and dummy bank accounts.
• The ring pushed more than 3.7 billion Taiwan dollars through the system in a year, washing gambling money through fake companies.
• Police seized over 30 million Taiwan dollars in total, including frozen company accounts.

Outlook: The suspects face gambling and money laundering charges as prosecutors keep tracing the cash flow for anyone higher up the chain.