The abbot and his son of a temple in Taiwan are suspected of embezzling nearly 70 million yuan in donations, laundering the money through virtual currency and other means

According to Observer Network, Zhang Qingyu, the abbot of Donglin Temple in Yilan, Taiwan, and his son Zhang Weifu, who has already become a monk, are suspected of embezzling donations. During the investigation, officials searched the temple and dug up more than ten iron boxes hidden underground in the gravel outside the meditation room, with a market value exceeding 330 million New Taiwan Dollars (approximately 7 million USD).

The investigation shows that temple funds were transferred to private accounts and laundered through the purchase of virtual currencies and gold and silver. The case is still under investigation.