Today (1st), marking the beginning of the summer vacation,
all branches of the Administrative Enforcement Agency (AEA),
Ministry of Justice (MOJ), simultaneously held the July “first
Tuesday of every month, starting at 3 p.m.” nationwide joint
auction. The events saw enthusiastic crowds and an intense
bidding atmosphere. In addition to properties belonging to
obligors in various enforcement cases, the auction also included
several illicit assets seized during major fraud investigations by
prosecutors. Through the active enforcement by each branch, the
proceeds of crime were fully confiscated, effectively
implementing the spirit of the amended criminal confiscation
system and demonstrating the enforcement authority’s capacity
to exercise public power. The total amount of around
NT$181,735,478 was made from the highest-biddings of the
joint auction, marking a remarkable outcome.
The total bid amount of real properties reached
NT$177,238,257. The highest single amount came from a major
debtor case handled by the New Taipei Branch, involving an
obligor surnamed Sun who owed over NT$40 million in
inheritance tax and fines. Two land parcels located in the
Yongfu Section, Yonghe District, New Taipei City (No. 587 and
No. 685) were auctioned. After multiple public auctions failed
to yield a successful bid, the New Taipei Branch and the
referring authority, the National Taxation Bureau of Taipei,
Ministry of Finance, actively coordinated. Eventually, the
Bureau acquired the properties at the base price for a total of
over NT$42.42 million, reclaiming them as state assets. This
fully demonstrates the strong cooperation between the
enforcement authority and the tax authority in securing national
claims. Another highly watched item was a residential unit
located in the United Harmony Garden complex in Banqiao,
owned by a defendant in the "Taiwan Land Swindlers" fraud
case. The New Taipei Branch auctioned it under the commission
of the Taiwan Taipei District Prosecutors Office. The unit is
approximately 5 years old, has a floor area of nearly 165 square
meters (50 pings), and includes 1 flat parking space. It is
conveniently located near Xinpu and Jiangzicui MRT stations,
with excellent access to amenities and daily necessities. This
was the third auction attempt. The base price was NT$28.04
million (around NT$560,000 per ping), significantly lower than
market value. It was finally sold for NT$28.89 million, higher
than the base price, showcasing the strong enforcement power of
the cooperation between the enforcement and prosecutorial
authorities. Additionally, the Taipei Branch successfully
auctioned off a storefront located in the prime Minsheng
Community of Songshan District, Taipei City, for over
NT$23.58 million. The property was originally owned by Fei ○
○ Co., Ltd., but was subject to compulsory sealing and
auctioned due to arrears in business tax and labor and health
insurance premiums totaling over NT$7 million. The storefront
has a building area of 49.43 square meters, plus an 8.86 square
meters platform. It is situated on Fuyuan Street, near the
intersection of Minsheng East Road and Sanmin Road, in a
mature neighborhood with well‑established amenities, and it can
be handed over immediately after auction, which attracted up to
11 groups of bidders. This was the second auction. With a base
price of NT$21.6 million, it was ultimately sold for nearly NT$2
million over the base price, reflecting the strong market
recognition and heat for quality real estate. Other branches also
successfully auctioned off several properties with investment
value, showcasing the enforcement authority’s ongoing efforts
and achievements in enhancing the effectiveness of execution
proceedings.
The total amount of property auctioned reached
NT$4,497,203. The highest amount for movable properties
came from the Shilin Branch, which, under commission from
the Taiwan Shilin District Prosecutors Office, auctioned off
cryptocurrencies seized during a fraud investigation. The
auction attracted 14 bidders, and after 67 intense bidding rounds,
110,000+ Tether (USDT) and over 4.9 Ether (ETH) were sold
for NT$3,606,000 and NT$361,000 respectively, totaling
NT$3,967,000. The second-highest amount for movable
properties was from a Rolex model 116610LN watch, auctioned
by the Taichung Branch under commission from the Taiwan
Taichung District Prosecutors Office in connection with a major
fraud and illegal fundraising case. Attracting three bidders, it
was sold after multiple intense bidding rounds for NT$150,000.
Other branches have also successfully auctioned a wide range of
properties worth more than their prices, including cars, rings,
clothing, investments, and physical certificates of stocks of
Sunny Bank and Bank of Panhsin.
All proceeds from auctions conducted under the
commission of prosecutorial authorities were placed under the
custody of the respective district prosecutors offices. This
ensures smooth processing for subsequent confiscation and
restitution procedures, thoroughly stripping illicit gains, cutting
off fraud incentives, and returning criminal proceeds to victims
as much as possible demonstrating the government's firm
commitment to protecting victims' rights. All branches of the
AEA will continue to work closely with prosecutorial authorities,
harnessing the combined strength of enforcement and
prosecution, to accelerate the implementation of the amended
Criminal Code confiscation mechanism. Swift conversion of
seized assets into monetary value will help preserve their worth
and maximize efforts to crack down on fraud and punish
wrongdoing.
The “first Tuesday of every month, starting at 3 p.m.” joint
auction features a wide variety of items at affordable prices. The
public is warmly encouraged to participate and place bids. For
more information, please visit the AEA official website
(http://www.tpk.moj.gov.tw) or follow the websites and
Facebook pages of individual branches to get the latest auction
updates and seize great deals!