US EditionChen Zhi: Cambodia Extradites Alleged Scam Mastermind to China After Arrest
Chen Zhi was extradited to China after months of investigation; US prosecutors accuse him of running scam operations that generated $30 million daily and involved forced labor.
- On Tuesday, Cambodia's Interior Ministry said Chen Zhi was extradited to China on 6 January 2026 after a joint investigation, with his Cambodian citizenship revoked.
- After the US Treasury Department and UK Foreign Office sanctioned Prince Group in October, the United States seized $15 billion and indicted Chen, prompting global asset confiscations.
- Court filings say US prosecutors allege Chen ran at least 10 forced‑labour camps since 2015 and seized 127,271 bitcoin, facing up to 40 years on wire fraud and money‑laundering charges.
- China's public security ministry called Chen Zhi's return a 'major achievement' and said arrest warrants will soon be issued for key group members, following Prince Bank's liquidation by the NBC.
- Experts and rights groups warn that the $50 billion–$70 billion global scam industry involves at least 100,000 people in Cambodia, with Sims stating, `'This arrest comes after months of building pressure against the Cambodian government for continuing to harbor and abet a now famous criminal actor.
103 Articles
103 Articles
Accused of running a vast network, a Chinese man was arrested and extradited. The Cambodian government announced on Wednesday that it had arrested and extradited to...
Cambodia extradites alleged scam-center conglomerate head to China
The sanctioned head of Cambodia’s Prince Group — which the United States has dubbed a “transnational criminal organization” — has been extradited to China, officials said in a statement today. Prince Group Chairman Chen Zhi was arrested on January 6 along with two other people, Cambodia’s ministry of interior said in a statement. The arrests came […] The post Cambodia extradites alleged scam-center conglomerate head to China appeared first on As…
China has announced this Thursday the extradition from Cambodia of Chen Zhi, alleged boss of one of the largest criminal networks in Asia. The Chinese tycoon had also been accused in October by the United States of electronic fraud and money laundering. Chen, 38 years old, is founder and president of Prince Group, a multinational business conglomerate based in Cambodia, which allegedly acted as a screen for committing cryptocurrency investment s…
NE Iowa Publishing
China confirms extradition of accused scam boss from Cambodia
Accused scam boss Chen Zhi has been extradited to China from Cambodia, Beijing confirmed on Thursday, after he was indicted by the United States over alleged multibillion-dollar fraud.
Chen Zhi and two other Chinese citizens have been handed over to China. He is also being prosecuted in the United States for wire transfer fraud and money laundering.
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