Prince Holding Group

Prince Holding Group, headquartered in Phnom Penh, Cambodia, is implicated in operating cyberscams. The company's name surfaced in connection with Chen Zhi, a Chinese-born tycoon accused of masterminding a multibillion-dollar online scam network from Cambodia. Chen Zhi, allegedly directing forced labor compounds where trafficked workers were held, was recently arrested in Cambodia and extradited to China following a US indictment on fraud and money-laundering charges. The Cambodian government is facing international pressure to crack down on the scam industry, which has become a significant part of its economy. The case highlights international cooperation between Cambodia, China, the US, and the UK in combating cybercrime and money laundering. The freezing of HK$261 million in suspected criminal proceeds further underscores the scale of illicit financial activities potentially connected to the region and entities operating within it.