Side Case of Prince Group Scandal: Renowned Lawyer Released on NT$1 Million Bail for Money Laundering
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The Taipei District Prosecutors Office, while investigating the Prince Group money laundering case, traced and found a renowned lawyer surnamed Chang suspected of money laundering. On June 2, police conducted searches at 10 locations and arrested lawyer Chang and five others. They were transferred to the Taipei District Prosecutors Office on June 3. After questioning, the prosecutor ordered lawyer Chang and a defendant surnamed Lin to post bail of NT$1 million each, with restrictions on leaving the country. The Prince Group, led by Chen Zhi, engaged in fraud in Cambodia and established multiple companies in Taiwan for money laundering, totaling NT$10,790,765,905.37. The case has indicted 62 defendants and 13 companies.