Chinese state television aired footage on Jan. 8 showing armed police escorting Chen Zhi into custody after Cambodia extradited him to China a day prior.
Chen, founder and chairman of Cambodia-based Prince Holding Group, was indicted by the United States in October 2025. U.S. prosecutors allege that his conglomerate is a front for multibillion-dollar online fraud schemes and money laundering operations.
“Chen is a CCP asset,” alleged a former Chinese Communist Party (CCP) operative who previously worked at the Prince Group, fled to Australia, and now uses the alias “Eric” out of fear of retaliation from authorities.
“The Prince Group is not a normal business conglomerate, but one of the most important agents for Beijing in Cambodia and across Southeast Asia,” Eric told The Epoch Times….
Why the CCP Grabbed Chen Zhi Before the US Could
