Connect with us

    Hi, what are you looking for?

    News

    Taiwan police bust $300 million World Cup betting ring

    The police in Taiwan have seized more than US$300 million (S$388 million) in World Cup bets after busting an illegal online betting ring, the authorities said on Thursday, July 2.

    Taiwan did not qualify for the World Cup, but many people on the sporting-mad island are football fans.

    The police raided a house in the southern city of Tainan on July 1, Tainan City Police Department’s Fourth Precinct said in a statement. They arrested eight people and seized computers, mobile phones, ledgers and cash, the statement added.

    Five of the eight people had travelled from Hong Kong and Macau on tourist visas for the World Cup betting operation.

    The outfit had allegedly raked in nearly NT$10 billion (S$405 million) in bets on World Cup matches, the police said.

    They had rented the five-storey house for the period of the tournament.

    AFP

    Loading

    Spread the love
    Frank
    Written By

    Franklin Ugo Ndibe is a seasoned Nigerian journalist and media professional renowned for his incisive reporting and editorial leadership in the information and communications technology (ICT) sector.

    Click to comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    Cyfrica
    ad

    You May Also Like

    Tech

    MTN Nigeria has opened applications for the 2026 edition of the PachiPanda Challenge, offering a total prize pool of ₦10 million to young Nigerians...

    Sports

    Arsenal manager Mikel Arteta has confirmed that the club is actively looking to sign another defender as it seeks to strengthen its squad ahead...

    Tech

    Google has announced a 12-month free subscription to Google AI Plus for students in Nigerian universities, polytechnics and colleges of education as the new...

    E-Financial

    Economic and Financial Crimes Commission (EFCC) has arraigned a First City Monument Bank (FCMB) staff member, Gideon Bakpa Aghogho, and his alleged accomplice, Oscar...