Taiwan says fraud cases halved since it teamed up with China
Published on Jan 31, 2014 2:26 PM
TAIPEI (AFP) - Taiwan's fraud cases have fallen more than 50 per cent in the four years since the island teamed up with China to fight growing Internet and telephone scams, the government said Friday.
A total of 17,744 cases were reported in 2013 involving Tw$3.77 billion (S$160 million) in losses. That was down 54.3 per cent from the 38,802 cases involving Tw$10.27 billion in 2009, according to data released by Taiwan's Mainland Affairs Council.
China was a favourite destination for Taiwanese criminals hoping to evade arrest until Taipei and Beijing signed a crime-fighting agreement in 2009 amid improving ties.
Nearly 6,000 suspects have been arrested since.
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