Prosecutors' appeal successful; former prosecutor granted NT$200,000 bail with electronic monitoring in loan sharking case

A former prosecutor from the Keelung District Prosecutors Office, Lin Yu-chun, has been granted bail of NT$200,000 following a renewed hearing on his detention. Lin faces multiple charges, including usury, falsifying official documents, and money laundering, stemming from an investigation into alleged high-interest loan activities.

The Keelung District Prosecutors Office had initially indicted Lin on four charges after a four-month investigation. An earlier court decision to grant him bail of NT$20,000 and restrict his residence was contested by prosecutors, who filed an appeal. They argued that Lin posed a flight risk, citing his travel history prior to the investigation.

In the subsequent hearing, the High Court ordered a retrial. The Keelung District Court, considering the evidence gathered and the fact that the investigation is largely complete, acknowledged that Lin's risk of colluding with co-defendants or destroying evidence had diminished. However, the court still recognized a potential flight risk based on his past international travel, leading to the increased bail amount and new restrictions.

Lin is now subject to restrictions on leaving the country and must adhere to electronic monitoring for eight months, starting June 26. He is also required to report weekly, providing facial recognition photos at designated times and locations. The Keelung District Prosecutors Office stated they would review the court's formal ruling before deciding whether to file another appeal.

“

The prosecution will wait until we receive the court's formal ruling before considering whether to appeal.