Accusations of Fraud Rock Taipei International Book Exhibition

The recent Taipei International Book Exhibition witnessed an unexpected conflict as accusations of fraud surfaced against a publishing house. Reports from ETToday News revealed that a member of the public distributed leaflets at the event, publicly accusing the publishing house of fraudulent activities.

Accusations of Fraud at Publishing House Emerge Amid Leaflet Distribution

Mr. Zhuang, distributing leaflets at the exhibition, accused the publishing house of engaging in fraud, citing his mother's deception into purchasing courses from the house's instructors. Last year, the publishing house faced police raids, uncovering allegations of using books and seminars as a facade for fundraising schemes, affecting over 200 victims and amounting to NT$20 million.

Source:爆料公社

Investor Losses Mount as Publishing House Faces Legal Action: Chairman and Others Arrested on Fraud Charges

Another victim, Mr. Lin, recounted severe losses from investing in the publishing house's stocks and virtual currency project, FVI (Ether Payment). Despite promises of monthly bonuses and substantial returns, investors like Mr. Lin faced disappointment and financial losses. Legal actions were taken against the publishing house, leading to the arrest of Chairman Wang and 11 others on various charges including fraud and violation of banking and criminal laws.

Ministry of Culture Takes Action: Tightens Exhibitor Review Amid Fraud Allegations at Book Fair

Amidst the controversy, the Ministry of Culture intervened by instructing the Book Fair Foundation to enhance exhibitor review processes. Publishing houses implicated in fraud-related activities will be barred from participating in future events to uphold the fair's quality and credibility.

Chairman Denies Fraud Allegations as Publishing House Reputation Suffers Fallout

Despite the accusations, the chairman of the publishing house vehemently denies the allegations, labeling them as entirely false. Nevertheless, the fallout from the fraud allegations continues to affect the publishing house's reputation and participation in public events.

The conflict underscores the importance of stringent oversight and accountability measures to safeguard against fraudulent activities within the publishing industry and maintain public trust in exhibitions and cultural events.