Prince Group

Prince Group, associated with Chinese-born tycoon Chen Zhi, is at the center of a major international investigation into alleged transnational scam operations. These operations involve forced labor compounds in Cambodia, where trafficked workers are forced to defraud victims globally through online scams, including cryptocurrency schemes. Chen Zhi, the alleged mastermind, was arrested in Cambodia and extradited to China. Singapore police have seized assets worth US$390 million, including yachts, cars, and properties, as part of their probe into the group. China has executed individuals linked to Myanmar scam operations and is pressuring Cambodia to address cross-border fraud and trafficking. Thailand has also seized over $300 million in assets and issued arrest warrants in a crackdown on regional cyberscam networks, highlighting the widespread nature of these criminal activities across Southeast Asia. The case underscores the growing concern over online fraud and human trafficking in the region.