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๐Ÿ‡น๐Ÿ‡ผ Taiwan /Economy & Trade

Woman Nearly Loses $2 Million in Fake Jensen Huang Investment Scam

From Liberty Times · () Chinese

Translated from Chinese, summarized and contextualized by DistantNews.

At a glance

News Sources not specified Context piece
  • A Taiwanese woman nearly lost NT$2 million in a scam after being lured by a fake investment advertisement on Facebook that impersonated AI mogul Jensen Huang.
  • She was added to an investment group where fake profits were displayed, convincing her to mortgage her property.
  • A pawnbroker alerted the police, who intervened and exposed the scam, preventing the woman from losing her money.

A Taiwanese woman narrowly escaped a significant financial loss after falling victim to a sophisticated investment scam that used the likeness of AI pioneer Jensen Huang. The incident highlights the persistent threat of online fraud, even against individuals who may be digitally savvy.

The woman encountered a fake investment advertisement on Facebook, which led her to a LINE conversation with someone impersonating Huang. She was subsequently invited into an investment group where fabricated profit screenshots were shared daily, creating a false sense of guaranteed wealth. Believing she was on the path to financial freedom, she decided to mortgage her property to raise NT$2 million for further "investment."

Fortunately, the pawnbroker at the establishment where she intended to secure the loan became suspicious and contacted the police. Officers from the Third Precinct's Dong District Police Station arrived and were able to intervene. They examined the woman's phone and investment materials, revealing that the purported Huang, investment advisor, group members, and trading platform were all fabricated by the scam operation. The woman was initially hesitant to believe the police, but after they presented previous cases and systematically dismantled the scam's tactics, which included celebrity endorsement, group profit displays, and pressure to invest more, she finally understood she was being defrauded.

This case serves as a stark reminder of the evolving tactics used by fraudsters, who increasingly leverage the credibility of well-known figures to deceive unsuspecting individuals. Authorities continue to urge the public to remain vigilant against such schemes and to utilize anti-fraud hotlines for assistance.

The figures tell a financing story, not simply a savings story.

โ€” Prof. Taiwo OyedeleThe Minister of Finance and Coordinating Minister of the Economy, Prof. Taiwo Oyedele, speaking at the 2026 National Council on Finance and Economic Development conference in Owerri, Imo State, yesterday.
DistantNews Editorial

Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.