Tech Industry Boss Tricked by a Beautiful Woman! Lured to Buy Overseas Virtual Currencies, Stealing 40 Million in Wedding Funds

A Taiwanese electronics factory owner Mr. S met a woman in her 30s online. She claimed to understand investments and could manage stocks for him, even transferring about 5 million NT dollars in "profits" to gain his trust. Later, under the guise of forming a "marriage fund," she lured him to invest in virtual currencies on an overseas platform. When he tried to withdraw, he was asked to pay a handling fee first. After Mr. S transferred another 600k NT dollars, the woman disappeared, resulting in total losses of up to 600k NT dollars.
(Background summary: Tinder scam exposed! U.S. Department of Justice seizes 200k USDT, revealing a three-step love scam trap)
(Additional background: Unveiling the love scam scheme: collusion with political and business black organizations, illegal crypto cash flow, and the terrifying black industry chain behind it)

Key Summary

• Electronics factory owner Mr. S was scammed by a woman in her 30s met online, with total losses reaching 200k NT dollars
• She first gained trust by claiming to manage stocks and transferring about 5 million NT dollars in "profits," then lured him into investing in overseas crypto markets under the guise of a marriage fund
• The platform showed profits on paper but required a fee before withdrawal; Mr. S transferred another 600k NT dollars before she disappeared

A online romance ultimately turned into a tuition fee of 600k NT dollars. According to ETTV News, a Taiwanese electronics factory owner Mr. S met a woman in her 30s online. She was gentle, caring, and knowledgeable about investments, and the two quickly became close. Mr. S never expected that this seemingly sincere relationship was a well-laid trap, which eventually took away 600k NT dollars, leaving him heartbroken and financially devastated.

First, transfer 5 million in "real profits"

His first step into love scam was to establish credibility. The woman claimed to work at a securities company and had insider information. She actively managed stocks for Mr. S, claiming to make real profits, and transferred about 5 million NT dollars in "profits" into his account. With real money in hand, Mr. S’s suspicion eased.

Mr. S later recalled, "She provided accurate stock information and really made profits for me. It seemed very credible. Plus, she was young, so I thought she wouldn’t lie to me." The woman would ask about his well-being daily, even saying she would pray for his safety at a temple. Their relationship and profits continued to grow. In fact, the scam involved significant upfront costs, indicating the victim was already precisely targeted.

"Marriage fund" lures into fake overseas virtual currency platform

Once the relationship and trust were established, the scam entered the harvesting phase. The woman proposed that they save a "marriage fund" together, shifting the investment from stocks to virtual currencies, and guided Mr. S to invest on an overseas platform. Seeing the account balance rise steadily, he thought he was making a fortune.

The real flaw appeared when he tried to withdraw funds. The platform told him he needed to pay a handling fee first. He eventually transferred another 600k NT dollars, then the woman vanished. The "profits" in the platform were unretrievable. Including the initial investments, the total loss reached 600k NT dollars.

This is a typical "fake dating, real investment" pig-butchering scam. Zheng Guangtai, chairman of the Virtual Currency Association, reminds the public that when trading virtual assets, they should prioritize legitimate exchanges in Taiwan. Check the list of compliant operators on the Financial Supervisory Commission’s website. The risks of investing through overseas platforms are extremely high.

Frequently Asked Questions

How did this tech company boss get scammed?

The scammer first claimed to be an employee at a securities firm and managed stocks for him, transferring about 5 million NT dollars in fake profits to build trust. Then, under the guise of forming a "marriage fund," she lured him to invest in overseas virtual currency platforms. When withdrawing, she asked for a fee. After he transferred another 600k NT dollars, she disappeared, with total losses reaching 40 million NT dollars.

How to avoid being scammed when receiving online investment invitations?

Zheng Guangtai, chairman of the Virtual Currency Association, recommends that when trading virtual assets, choose legitimate Taiwanese exchanges first and check the list of compliant operators on the FSC’s website. Overseas platforms carry very high risks. If the other party says "you can make small profits first" to persuade you to add more, or claims you need to pay a fee before withdrawal, it’s most likely a scam.