Cambodia extradited Prince Group founder Chen Zhi to China following months of multinational investigations into an alleged transnational scam-and-illicit-gambling network. Authorities say the Prince Group ran large scam centres across Southeast Asia that defrauded victims worldwide and that asset freezes and crypto seizures have already reached billions.

Cambodian authorities arrested and extradited Chen Zhi, founder of the Prince Group, to Chinese custody after coordinated multinational probes into an alleged transnational scam and illicit-gambling network. Investigators allege the Prince Group operated large scam centres across Southeast Asia that targeted victims globally with social‑engineering, fake investment offers and coerced participation in illegal gambling. U.S. prosecutors have previously seized billions in cryptocurrency linked to the network while several jurisdictions have frozen related assets and bank accounts. Cambodian officials said the extradition follows months of intelligence sharing and law‑enforcement cooperation and pledged to continue a crackdown on scam centres and their enablers. The move reflects mounting international pressure to dismantle organized operations that use cross‑border infrastructure, payment channels and complex corporate webs. Authorities signaled further arrests and asset actions could follow as investigators pursue money flows, service providers and complicit local actors. The case underscores challenges facing regional partners in coordinating seizures, repatriations and prosecutions for large, technology‑enabled fraud networks that exploit legal gaps and jurisdictional limits.