Published: 2026/7/30 19:40 Updated: 2026/7/30 20:27
Chen Guanxun, Chen Hongyi / Comprehensive Report
Shengshi Gold Industry is suspected of illegally raising NT$18.1 billion, affecting over 500 people. Prosecutors recently indicted 38 people. Now, the case has expanded, revealing that the illegal group donated a vehicle to the Hsinchu City Police Department as a police vehicle. The Taipei District Prosecutors Office stated that the Hsinchu City Police Department voluntarily handed over the vehicle afterward, and it has been seized according to law as stolen property. The National Police Agency has also intervened to investigate whether any police officers were involved in illegal or disciplinary violations. There are even reports of close contact with Huang Guoshi, the then-captain of the Seventh Investigation Division of the Criminal Investigation Bureau, and the establishment of a LINE group. Facing the accusations, Huang Guoshi emphasized that he was acting on official orders and had no personal relationship with the company outside of official duties.
Criminal investigators across Taiwan have cracked the Shengshi Gold Industry case, which involves allegedly using a Ponzi scheme to illegally raise over NT$18.1 billion, affecting at least 500 victims. Just last week, the Taipei District Prosecutors Office indicted 38 people, but the case continues to unfold, with further revelations of the criminal group using victims’ hard-earned money to purchase patrol cars as donations to the police.
At last year’s (2025) donation ceremony, a photo was taken with the police. The nominal chairman of Shengshi, surnamed Chiu, is accused of using embezzled funds to buy luxury vehicles to serve as patrol cars, which were then donated to the Hsinchu City Police Department. Although the police emphasized that the donation process was compliant, the fact that the donation was made after the incident has led to the Taipei District Prosecutors Office classifying the vehicles as stolen goods, and they have been seized.
To cultivate a closer relationship with the police, the suspects even included the Criminal Investigation Bureau in their donations. At the time, to express their gratitude, the police hosted a banquet for the involved businesses, sending Huang Kuo-shi, then the captain of the Seventh Investigation Division of the Criminal Investigation Bureau and now the captain of the New Taipei City Criminal Investigation Division, who was in charge of economic fraud crimes. During the banquet, they exchanged contact information and even created a LINE group.
Huang Kuo-shi, then captain of the Seventh Investigation Division of the Criminal Investigation Bureau, stated, “He said that their company could also provide anti-fraud consultation and details about warning accounts, and hoped to maintain contact in the future. We created a group chat at the (dinner) event, and there was no illegal contact outside of official business afterwards.”
In response to the accusations, Huang Kuo-shi stated that he had no illegal contact or personal relationship with the business owner outside of official business, and was not afraid of scrutiny. He further emphasized that it was he who proactively reported the suspected fraud involving Sheng Shi and suggested that the Criminal Investigation Bureau terminate the donation process.
Wang Po-Chi, associate professor of the Department of Criminal Justice at Ming Chuan University, pointed out, “Those who work in criminal investigation should be very clear about the other party’s background. If we know that they have such problems, shouldn’t we be more cautious in our interactions?”
As the controversy escalated, the National Police Agency also intervened in the investigation, with the Inspectorate thoroughly investigating whether any police officers were involved in illegal or disciplinary violations.