Taiwan’s Investigation Bureau has sent Nine Chen, a popular Taiwanese singer, to the prosecutors' office in Taipei on suspicion of aggravated fraud and violations of banking laws for his alleged involvement in a fraud scheme linked to Hong Kong’s JPEX exchange, according to local media reports.

Following an investigation, authorities have determined that Chen — who reportedly received 320,000 USDT to act as JPEX’s brand ambassador last year — is suspected of engaging in fraudulent activities related to JPEX in Taiwan, local newspaper United Daily News reported on Wednesday. The prosecutors have yet to press charges against Chen.

The investigation of the singer came after Hong Kong authorities busted JPEX's local operations last year and arrested dozens of suspects related to a HK$1.6 …