All news on the topic: Chen Zhi

A person identified as “Co-Conspirator-2” in a U.S. grand jury indictment allegedly served as an “enforcer” for the Prince Group,

The European Union on Thursday imposed a new round of sanctions targeting Cambodia’s multibillion-dollar Prince Holding Group and its chairman, Chen Zhi, over their alleged involvement in large-scale cyber-scams and human trafficking.

Cambodian Deputy Prime Minister Sar Sokha was previously included in draft U.S. legislation to create an anti-cyber-scam task force. His name was removed, but he’s hired a D.C. lawyer anyway.

Since October, Cambodia’s Prince Group has been under siege from authorities worldwide, including the U.S., which dubbed it a “transnational criminal organization.”

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.

Online scam operations exposed in a remote enclave, a national ID program reportedly breached by cybercriminals, stories of bags of cash arriving on private planes.

Last November, a new blockchain network called AB revealed a partnership with World Liberty Financial, a fast-growing cryptocurrency firm co-owned by the family of Donald Trump.

Cambodia has extradited another suspected associate of the Prince Group to China. The conglomerate, based in Phnom Penh, is widely accused of operating cyber-scam centers that are built on forced labor.

The British government has blacklisted a major online cryptocurrency marketplace and several key operatives as part of a sweeping sanctions package aimed at dismantling a vast network of Southeast Asian scam compounds.

The U.K. today announced a new round of sanctions targeting individuals and entities linked to Cambodia’s Prince Group, which is widely alleged to have operated a network of scam centers built on forced labor and human trafficking.

Chen Zhi is the chairman of the Prince Group, a vast Cambodian conglomerate that the U.S. has accused of participating in significant online scam operations. He has been sent to China to face charges.

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.

He is a youthful-looking tycoon who ascended to the highest levels of power in his adopted home of Cambodia, where he awards scholarships and manages philanthropy programs while overseeing one of the country’s largest and most well-connected conglomerates.

An executive who allegedly played a key role in one of Asia’s biggest crime organizations — which was hit with U.S. and U.K. sanctions this week — purchased at least 29 prestige properties in Dubai, while his wife bought five luxury flats in London, real estate data shows.

Chen Zhi, founder and Chairman of Prince Holding Group, has been indicted on wire fraud and money laundering charges.

The UK has sanctioned two Chinese men accused of running "industrial-scale" scams from Southeast Asia, freezing assets including 19 London properties.