Chen founded the Prince Group, a multinational conglomerate authorities allege served as a front for ‘one of Asia’s largest transnational criminal organisations'<a href=”https://www.theguardian.com/world/2025/oct/17/chen-zhi-prince-group-cambodia-cyber-crime-sanctioned”>Chinese-born tycoon Chen Zhi, who was indicted by the US on fraud and money-laundering charges for running a multibillion-dollar online scam network from Cambodia, has been arrested there and extradited to China, Phnom Penh said.Chen allegedly directed operations of forced labour compounds across <a href=”https://www.theguardian.com/world/cambodia”>Cambodia, where trafficked workers were held in prison-like facilities surrounded by high walls and barbed wire, according to US prosecutors. <a href=”https://www.theguardian.com/world/2026/jan/08/alleged-scam-kingpin-chen-zhi-extradited-china-cambodia-arrest”>Continue reading…
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