3 ms·
I lived in Taiwan in the 1990s when the "chop" (印章) was still alive and well for individuals and institutions. I remember a bank fraud that revolved around a ba
by ilamont 6y ago
I lived in Taiwan in the 1990s when the "chop" (印章) was still alive and well for individuals and institutions. I remember a bank fraud that revolved around a bank employee using a bar of soap to make a copy of the bank's seal to authorize transactions or transfers and used the money for stock market investments which he or she then intended to pay back. IIRC it came to light when the 1997 Asian financial crisis hit.