Singapore arrests 3, S$350M frozen as Taiwan indicts 62 in Prince Group transnational scam probes
Singapore police arrested three people and reported S$350 million in frozen assets (part of S$500 million seized overall) connected to investigations of the Prince Group, which U.S. authorities have accused of running sprawling scam centres. Separately, Taipei prosecutors indicted 62 people over alleged involvement with Prince Group operations amid regional seizures of luxury goods and frozen accounts.
Regional law enforcement intensified pressure on the alleged Prince Group scam syndicate during coordinated investigations reported on March 5, 2026. Singapore police announced arrests of three individuals and said S$350 million in assets were frozen as part of broader enforcement that has accounted for roughly S$500 million in seized or frozen resources across jurisdictions. Authorities reported seizures of bank accounts, luxury goods and other proceeds potentially linked to large‑scale fraud operations run from multiple centres. Separately, Taipei prosecutors charged 62 people in an indictment alleging roles across the syndicate’s transnational scamming activities, reflecting parallel inquiries in Taiwan and other regional partners. U.S. authorities have previously accused Prince Group affiliates of operating sprawling scam call centres and networks targeting victims globally. Investigators across Asia emphasized coordinated asset tracing, mutual legal assistance, and intelligence sharing to map financial flows, identify facilitators, and repatriate proceeds. Prosecutors and police said further arrests and asset actions remain possible as evidence is processed and cross‑border legal steps continue.
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Singapore police arrested three people and reported S$350 million in frozen assets (part of S$500 million seized overall) connected to investigations of the Prince Group, which U.S. authorities have accused of running sprawling scam centres. Separately, Taipei prosecutors indicted 62 people over alleged involvement with Prince Group operations amid regional seizures of luxury goods and frozen accounts.
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