Public Opinion Policy and Innovation Governance Center of the College of Business Administration, STUST, which specializes in research on network governance issues related to fraudulent advertisements placed on multinational social platforms, cautioned the public against invitations to fraudulent investment community, asking the public to be careful of unscrupulous elements and groups that continue to innovate this type of fraud.

【Public Opinion Policy and Innovation Governance Center of STUST】

The research team of the center found that the images and information of many celebrities on the Facebook community platform were stolen, including Shing-cheng Tsao, founder of UMC, President Wen-yuan Wang of Taishuo Enterprises, Chairman Yan-ming Tsai of Want-Want Group, Chairman Shu-fen Chang of TSMC Charity Foundation, etc. In addition to registering their communities under false names, the investment scams have also created fake fan pages, offering investment books for free to attract people, inviting people to join investment discussion groups. The groups even claims to have investment teachers, instructors, analysts, directors. In addition to guaranteed profits, they claim to offer stable profits, huge profits, memberships of online teaching betting or agent operations and other investment skills, and even installing members of other fraudulent groups in the group to share false profits. They also make posts to lure the public to invest large sums of money, but in the end the public is not allowed to use the funds due to such reasons as the need to pay a deposit, insufficient betting volume, abnormal IP system, etc. It has been discovered that these are all fraud traps and that it is often very difficult to recover the funds.

【Cheng-zong Luo, Director of the Finance and Law Institute, STUST, and the Public Opinion Policy and Innovation Governance Center, cautioned the public against Internet investment fraud.】

Cheng-zong Luo, Distinguished Professor of Finance and Law Institute, STUST, and the Public Opinion Policy and Innovation Governance Center, said that people use the Internet to communicate with multiple information channels. In addition to taking advantage of many people's financial burden pressure and newcomers' desire to accumulate wealth. Fraudulent groups take advantage of the legal loopholes that the government has not yet strictly regulated and reviewed the advertising delivery mechanism of multinational social platforms. They have used the names of many celebrities on various multinational digital platforms to spread fake investment and real fraud. According to statistics from the Police Department, there are a total of 29,702 fraud cases this year, of which 6,600 were fake investment fraud cases of this type, and the total financial loss was as high as 3.4 billion and 22.55 million NTD. Therefore, the public is urged to invest through financial institutions and legal channels registered by the government, and the investment itself has unpredictable speculative risks. Investors should be more vigilant in the face of free professional resources, guaranteed compensation, and double profit in a short period of time. Moreover, they should report to the police to avoid becoming a fat sheep waiting to be slaughtered in the eyes of unscrupulous scams and fraudulent groups.

【Images and information of many celebrities have been fraudulently used to create fake Facebook accounts for investment fraud advertisements.】

【Images and information of many celebrities have been fraudulently used to create fake Facebook accounts for investment fraud advertisements.】