The 'Xiaoyang Card Company' in Taipei's Wanhua District had a small reputation in the card community. Many players were attracted to its physical store and social media management, pre-ordering cards worth thousands to tens of thousands of yen. However, early this morning, news broke that the social media accounts were closed and the manager was suspected to be missing. Players immediately formed a self-help group, with membership now exceeding 3,000 people. The estimated total loss is 300 million yen. In response, card expert 'Regeneration Brother' Huang Xin'en posted on Facebook, stating that the biggest scam in the card community has finally exploded. He had felt something was off a few months ago. Huang Xin'en pointed out three suspicious points. First, full prepayment for reserved items. Limited edition items should not be fully paid for a month before release as the stock quantity is not yet determined. It is unreasonable to accept unlimited orders at the lowest market price. Second, consignment card fees are 2% for under 100,000 yen and 1% for over 100,000 yen, with a maximum of 2,000 yen. This is unrealistic for a physical store. Lastly, the appraisal fee is 700 yen, which is too low compared to the market standard of 1,100 yen. Huang Xin'en stated that there were many signs of collapse, but many inexperienced people were still scammed. The estimated damage is 200-300 million yen, but since the manager has fled, recovery is likely impossible. He hopes this won't scare too many people away, as card games are the most popular they've been in 20 years, with new games and high prize values constantly emerging.

FACT BOX

  • Source: PR Times
  • Category: News