On January 7, Cambodian authorities announced they had detained and deported Chen Zhi, founder and former chairman of Prince Group, a multinational
Alleged scam kingpin Chen Zhi arrives in China after extradition from Cambodia
Chen founded multinational conglomerate Prince Group that US says is front for multibillion-dollar fraud operation
Cambodia Extradites Chair of Alleged ‘Criminal’ Conglomerate to China
Chen Zhi is chairman of the Prince Group, a sprawling Cambodian conglomerate the U.S. has accused of involvement in major online scam operations. He has been sent to China to face charges.
Who are Chen Zhi and the Prince Group, accused by the US and UK of large-scale scam operations?
US treasury department has sanctioned Chinese-born Cambodian tycoon Chen Zhi – alleged mastermind of a cyber-crime empire in south-east Asia
Chen Zhi: Cambodia extradites alleged scam mastermind to China after arrest
Chen Zhi is charged with turning his business into a front for fraud hubs that stole from people around the world.
‘Industrial-scale scams’ and a state allegedly ‘co-opted’: What the rise and fall of the Prince group means for Cambodia
Indictment and arrest of Prince Group founder Chen Zhi has sparked questions about scam industry’s alleged ties to political elite, and integrity of government crackdown
Chairman of Prince Group Indicted for Operating Cambodian Forced Labor
An indictment was unsealed today in federal court in Brooklyn, New York, charging Cambodian national Chen Zhi, also known as Vincent, 37, the founder and chairman of Prince Holding Group (Prince Group), a multinational business conglomerate based in Cambodia, with wire fraud conspiracy and money laundering conspiracy for directing Prince Group’s operation of forced-labor scam
Alleged Member of ‘Notorious’ Cambodian Scam Network Bought Luxury Dubai Properties
Zhu Zhongbiao was already wanted in China on charges related to money laundering. He’s now been sanctioned by both the U.K. and U.S. in their largest ever joint action to target a multi-billion online scam network based in Cambodia.
Cambodia Extradites Another Associate of Alleged ‘Criminal’ Conglomerate to China
Chinese state media reported the extradition of Li Xiong from Cambodia, alleging he is a “core backbone member” of the Prince Group. The Cambodia-based conglomerate has been accused of involvement in cyber-scams and human trafficking.
Prince Group
Prince Group, officially Prince Holding Group is a company based in Cambodia. Described as "one of Cambodia's largest conglomerates", the company has interests in various sectors such as real estate, financial services and airlines. In 2025, it and its chairman Chen Zhi were sanctioned by the United States and United Kingdom for their alleged role in operating scam centers and online fraud.
Multiple Identities Reveal Ties Between Chinese Businessman and Alleged Cambodian ‘Criminal’ Conglomerate
The U.S. sanctioned “Chen Xiao’er” for his partnership in one firm with the head of a Cambodian corporate group that allegedly ran cyber-scam operations. Reporters have now uncovered his other identities — and they show deeper connections to the conglomerate.
Executive at Alleged Cambodian ‘Criminal’ Conglomerate Bought Tokyo Mansion
Chen Bo was listed as an officer in nine sanctioned Prince Group companies. He purchased a Tokyo property just before the U.S. and U.K. imposed sanctions, alleging the Cambodian conglomerate was behind massive cyber fraud.
Cambodia-based scam group on U.S. sanctions list running 3 firms in Japan
A Cambodia-based Chinese firm on a U.S. sanctions list for its involvement in international fraud and human trafficking has established at least three affiliated companies in Japan since 2022, testimonies from involved individuals and documents obtained by Kyodo News showed Sunday.
Cambodia's alleged scam group execs suspected of money laundering in Japan
Two senior executives of Prince Holding Group, a Cambodian conglomerate accused of being one of Asia's largest transnational criminal organizations, purchased luxury real estate in and around Tokyo in a possible money-laundering scheme, sources familiar with the matter said and official property records showed Thursday.
Anatomy of a scam empire: Brains and businesses behind Chen Zhi’s network centred in Cambodia
The Business Times unravels the tangled web of sanctioned collaborators, accused associates and entities, using Handshakes data
Tokyo Police Arrest Possible Exec of Major Asian Fraud Ring – Adnkronos English
Tokyo, June 22 (Jiji Press)–Tokyo police have arrested three people, including a man believed to be an executive of Cambodia-based Prince Group, one of the largest international fraud organizations in Asia, for allegedly submitting a false move-in notification, investigative sources said Monday. Among the three held by the Metropolitan Police Department were Cypriot national Hu Xiaowei, a 44-year-old business owner whose home address is unknown, and Li Yin Hong, a 31-year-old Chinese who is a company employee living in Tokyo’s Setagaya Ward, the sources said. The MPD will investigate Prince Group’s activities in Japan. The organization has been slapped with sanctions by the United States. The trio conspired to submit a false notification of Hu’s residency in Tokyo’s Chuo Ward to the ward office in April, according to their arrest warrants. Li visited the office for the submission. Hu said in police questioning that he transferred his residency registration to Tokyo in order to obtain permanent residency in Japan. But he added that he does not know the details because he left the procedures to an agent. Hu has frequently visited Japan with a residency status of highly skilled professional. He was arrested in the western Japan city of Osaka as his allegations were discovered after he visited the country last October. According to a corporate registry, Hu founded a trading company with a capital of 8 million yen in Tokyo’s Adachi Ward in April 2023, and the company relocated its head office to Chiyoda Ward in the Japanese capital in April 2024. Its capital was increased to 50 million yen in March this year. U.S. authorities designated Prince Group as an entity subject to sanctions in October 2025 for its alleged involvement in malpractice including money laundering and charged its chairman, Chen Zhi. The Cambodian government detained him in January and handed him over to the Chinese government. END [Copyright The Jiji Press, Ltd.]
Part I: Chinese courts go after ‘notorious’ Cambodian conglomerate
Under Cambodian patronage, the Prince Group netted billions; Chinese courts accuse it of massive money laundering.