Thailand seizes more than $300m in assets and issues 42 arrest warrants in cyberscam crackdown

The Guardian - World NewsCenter-LeftEN 3 min read 100% complete by ReutersDecember 4, 2025 at 04:44 AM

AI Summary

medium article 3 min

Thailand has seized over $300 million in assets and issued 42 arrest warrants as part of a crackdown on regional cyberscam networks operating in Southeast Asia. The operation targets individuals allegedly involved in online fraud, human trafficking, and money laundering, including Chinese-Cambodian tycoon Chen Zhi of the US-sanctioned Prince Group, and Cambodian nationals Kok An and Yim Leak. The seized assets include shares in a major regional energy company. As of Wednesday, 29 individuals have been arrested. This action follows similar asset freezes by Hong Kong and Singapore authorities linked to the Prince Group, after accusations of operating forced-labor scam centers. The US Justice Department has also indicted Chen for related charges.

Key Entities & Roles

Key Player Opposition Context

Prince Group ×380% United States ×280% Chen Zhi ×4100% Thailand ×5100%

Keywords

cyberscam 90% online fraud 80% asset seizure 70% arrest warrants 70% scam networks 60% money laundering 60% human trafficking 60% prince group 50% chen zhi 50% southeast asia 40%