Taiwan Customs Officials Intercept $380K, Suspect Macau Money Laundering Task

Taiwan Customs Officials Intercept $380K, Suspect Macau Money Laundering Task

Taiwan customs officials at Taipei’s airport terminal got a whiff of dirty laundry within the suitcases of two of its citizens home that is returning Macau. Nope, it absolutely wasn’t underwear which hadn’t hit the laundromat: it was cold, hard cash.

Funny money: traditions agents in Taiwan suspected $400,000 in American dollars inside two mens’ luggage was not from their trust funds.

The security agents discovered $400,000 in undeclared American dollar bills inside the luggage.

Based on the Taipei days, the two males were aged 23 and 26. They stated the money didn’t are part of them, but had been transporting the funds to Taiwan on behalf of someone they came across while in Macau. The duo refused to identify that person.

The border agents retained $380,000 of the potentially illicit money, as the most amount per individual allowed at point of entry in Twaiwan is $10,000. It is unclear, per the media report, if the two remain in custody.

Identified only by their surnames, 26-year-old Chiang and 23-year-old Chen stated someone in Macau had expected them to travel with the amount of money after the person claimed a big casino win. Officials in Taiwan are wanting to locate the person of interest, and also investigating whether the Taiwanese citizens were provided a cost to maneuver the money.

Gambling is banned in Taiwan, the exception being lotteries that are state-run. But the trip from Taipei to Read more