Former Taiwanese president’s bribe money used in Charlottesville

President’s son uses laundered money to buy Keswick home

A Keswick house, allegedly bought with bribes paid to former Taiwanese president Chen Shui-bian  and first lady Wu Shu-chen, is being seized by Federal authorities, reports the Washington Post. A forfeiture complaint filed in the U.S. District Court of Charlottesville accuses the couple’s son and daughter-in-law of laundering a portion of the presidential bribery money through Swiss bank accounts in order to buy the home for $550,000 in July 2008—nearly $130,000 above its current assessed value.

Last year, the Taiwanese president and his wife were sentenced to 20 years in prison for bribery, embezzlement and money laundering.
 

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