P2P lender founder receives 16.5 years for NT$8.3 billion fraud

Taipei District Court on Thursday handed down jail sentences of 16 years, six months and 12 years, two months to Tseng Yao-feng (曾耀鋒) and Chang Shu-fen (張淑芬), founders of the lending platform im.B, for money laundering and illegally accepting deposits.

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