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Kung Ming-hsin Impersonated in Stock Tip Scam; Ministry of Economic Affairs Urges Public Not to Believe It

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On the 8th, the Ministry of Economic Affairs clarified that an online report falsely using TVBS's name, fabricating that Kung Ming-hsin lost control on the Shao-kang War Room show and recommended the Shengyingyuan AI platform, is a fraud. It stressed the government does not recommend stocks, and urged the public not to click or forward it, not to provide personal information or transfer money, and to call 165 for verification if in doubt.

Fabricated Livestream Invents Stock-Buying Dispute

On the 8th, the Ministry of Economic Affairs said in a Facebook post that an article circulating online falsely using a television station's name claimed that Minister of Economic Affairs Kung Ming-hsin quarreled with others over buying stocks and lost control and raged on set. The Ministry clarified that the content is not factual and is a scam tactic, reminding the public not to forward it and not to believe it. The government does not recommend stocks or teach investing through online news or social platforms, nor does it invite the public to join investment groups.

Fabricated Pundits Discuss Shengyingyuan Platform

The related fake news report was titled "TVBS Livestream Scandal: Minister Loses Control and Rages on Set." It falsely claimed to be from the Shao-kang War Room program, and fabricated discussion among Minister of Economic Affairs Kung Ming-hsin, host Chao Shao-kang, and guest Hsieh Chen-wu about an AI investment platform called "Shengyingyuan," claiming that investing just NT$6,500 could yield high monthly returns, thereby inducing the public to register accounts and invest funds.

TV Station Has Issued Clarifying Statement

Upon verification, the report's content and related dialogue were all fabricated and were not actually broadcast program content. Unscrupulous individuals deliberately misused the program's and public figures' names, forging news footage and report content to package a fake investment platform in an attempt to defraud the public of personal data and money. The news station has also issued a clarification statement, saying no such program content exists.

The Ministry of Economic Affairs reminds the public that upon seeing investment messages from unknown sources, especially those falsely using government officials' or news media's names to recommend investments, to stay vigilant, not to click unknown links, not to easily provide personal information, and not to transfer money for investments, and to remind relatives and friends to beware of fraud. If in doubt, call the 165 anti-fraud hotline for verification, and do not let fraud groups take advantage.

FAQ

Is the online article about the minister raging on the show real?

No. The Ministry of Economic Affairs clarified that the content falsely using TVBS's name, claiming Kung Ming-hsin quarreled over buying stocks and discussed the Shengyingyuan AI platform, was all fabricated, is not actually broadcast content, and is a scam. Do not forward or believe it.

Does the government recommend stocks through news or social media?

No. The Ministry of Economic Affairs stressed that the government does not recommend stocks or teach investing through online news or social platforms, nor does it invite the public to join investment groups. Investment messages falsely using officials' or media names should be treated with caution.

What should I do when I see a suspicious investment message?

Do not click unknown links, do not easily provide personal information, and do not transfer money for investments. Remind relatives and friends to beware of fraud, and if in doubt, call the 165 anti-fraud hotline for verification.