Fact Check: "Credit departments of farmers’ and fishers’ associations blocked a total of more than NT$180 million (US$6.01 million) from being lost to scams last year."
What We Know
The claim that credit departments of farmers' and fishers' associations blocked over NT$180 million from being lost to scams is supported by data from the National Police Agency (NPA) of Taiwan. According to a report, these departments successfully prevented losses from 255 fraud cases reported by 117 associations, totaling more than NT$180 million (approximately US$6.01 million) in 2024 (Taipei Times). This figure aligns with the ongoing efforts of these associations to combat financial fraud, reflecting their active role in protecting their members from scams.
Analysis
The source of the claim, the National Police Agency, is a credible institution responsible for law enforcement in Taiwan. Their data is typically reliable, as it is based on reported incidents and investigations. The report indicates that the associations' credit departments not only identified these fraud cases but also took measures to block the financial losses, which suggests a proactive approach to safeguarding their members' finances (Taipei Times).
However, while the claim is corroborated by official data, it is essential to consider the context and potential biases. The report comes from a news outlet that may have its own editorial slant, and while the NPA is a reliable source, the interpretation and presentation of the data can vary. The emphasis on the amount blocked from scams may serve to highlight the effectiveness of these associations, but it does not provide a complete picture of the overall fraud landscape or the total losses incurred by members.
Moreover, the specifics of how these scams were blocked—whether through technological means, member education, or other methods—are not detailed in the report. This lack of information could lead to questions about the effectiveness and comprehensiveness of the measures taken by the credit departments.
Conclusion
Verdict: Needs Research
While the claim that credit departments of farmers’ and fishers’ associations blocked over NT$180 million from scams is supported by credible data from the National Police Agency, further investigation is necessary. Additional context regarding the nature of the scams, the methods used to block them, and the overall effectiveness of these measures would provide a more comprehensive understanding of the situation. Therefore, more research is warranted to fully assess the claim's implications and the broader context of financial fraud in this sector.
Sources
- 農業金融署 (https://en.afna.gov.tw/)
- Asset Quality of the Credit Departments of Farmers' and Fishermen's ... (https://en.afna.gov.tw/view.php?theme=hot_news&id=6)
- Asset Quality of the Credit Departments of Farmers' and Fishermen's ... (https://en.afna.gov.tw/view.php?theme=hot_news&id=11)
- Asset Quality of the Credit Departments of Farmers' and Fishermen's ... (https://en.afna.gov.tw/view.php?theme=hot_news&id=10)
- Free Credit Score Report - No Credit Card Required (https://www.credit.com/free-credit-score/)
- Associations block NT$182m from being lost to scams (https://www.taipeitimes.com/News/taiwan/archives/2025/06/09/2003838300)
- DPP holds meeting on how to counter Chinese espionage (https://www.taipeitimes.com/News/taiwan/archives/2025/06/13/2003838550)
- Login (https://portal.credit.com/content/portal/us/en/login.html)
