By Beth Main.
A couple suspected of fraud were returned to the mainland by Taiwanese authorities on Monday in the first instance of Chinese and Taiwanese cooperation on economic criminals.
This groundbreaking cross-straits legal cooperation comes after yet another case of money disappearing following accusations of a state-run charity money laundering earlier this week.
The suspects Ye Yanrong and his wife Hedi were met by police from Xiamen at Taipei Songshan airport on Monday night and taken back to Xiamen where they have been detained in custody.
The couple are suspected of raising 920 million yuan from eight people and then running off to Taiwan with the money. The couple fled to the city of Taizhong, in the center of Taiwan, with the help of Mr. Ye’s Taiwanese mistress, Miss Jin, who he met while gambling in Macau.
Since September 2009, Mr Ye and his wife used Xiamen-based Jietongda Network Technology Co as a cover to attract investors, promising big returns. The company, established in 2008, became the largest of its kind in China with over 1,400 stores. However due to over expansion it failed to turn a profit and on November 3rd was declared bankrupt, the same day as the owner, Mr Ye, and his wife disappeared. On the 9th an online manhunt was mounted to find them.