Croissant costs man R3m

2011-01-04 11:01

A Taiwan scam victim paid 12 million Taiwan dollars (more than

R2.73?million) for a croissant which he never got to eat, a newspaper said


The company executive, identified by his last name Chiu, fell for

an internet ad promoting “French bread which is so delicious that it will make

you cry”, the Apple Daily reported.

The photo showing a crispy croissant convinced Chiu to transmit 99

Taiwan dollars to the “bakery” through a cash machine but the company called,

saying he had made a mistake and had to repeat the transaction.

He obliged, but more phone calls came - from a “bank manager”

asking him to to repeat the transaction and then from what claimed to be the

Monetary Supervision Commission saying he must wire the money again because he

had made a mistake and could be charged with money laundering.

Chiu transmitted a total of 12 million Taiwan dollars over seven

transactions, before he realised he had been duped. And he never got his


Thousands of people in Taiwan fall for phone scams every year,

despite police efforts to battle the crime.

Since 2004, an anti-scam hotline has received 3.7 million calls and

handled 48?000 cases, the National Police Administration said.

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