Prince Group executive Hu Xiaowei arrested in Tokyo over $15B Bitcoin scam investigation

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.]

Japan arrests man suspected of links to alleged scam syndicate Prince Group, media report

The Tokyo Metropolitan Police Department have arrested Hu Shi, a Cypriot national, on suspicion of falsifying documents.

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.

Executive linked to major Asian crime group arrested in Japan

A man believed to be an executive of a Cambodia-based, Chinese-affiliated group sanctioned by the United States and Britain as one of Asia's largest criminal networks was arrested in Japan along with two others, investigative sources said Monday.

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

Singapore police seize US$390 million in assets in Prince Group probe

Three men, including the captain of Chen Zhi’s superyacht, have been arrested in connection with the case, police announced.

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

Sanctioned Alleged Member of 'Criminal' Conglomerate Bought $17 Million in London Properties

Before he was sanctioned for his alleged involvement in the Prince Group's sprawling scam operations, Yang Jian scooped up 12 adjoining houses and space for 17 cars in London.

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.

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

Hong Kong police arrest 31 over deepfake romance scams

Hong Kong police have arrested 31 people over the alleged use of deepfake technologies to stage online romance and investment scams.

‘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

Hong Kong Justice Department Applies for Order to Freeze Prince Group Assets

The Hong Kong Justice Department requested a “restraint order” on alleged Prince Group associates and companies. The U.S. and U.K. have sanctioned the Cambodian conglomerate amid allegations of cyberfraud.

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.

UK Widens Sanctions on Suspected Prince Group Scam Operators

Prince Bank, previously owned by Chen Zhi of Prince Group, located in Sihanoukville, on January 18, 2026.

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.