Taipei prosecutors indicted 62 people and 13 companies accused of laundering about NT$10.79 billion (roughly US$340–341M) for the Cambodia‑based Prince Group, linked to large‑scale online “pig‑butchering” investment scams. The indictment names alleged ringleader Chen Zhi, who was detained and deported earlier in 2026, and forms part of a broader regional crackdown on transnational scam centres.

Taiwanese prosecutors filed indictments against 62 individuals and 13 corporate entities accused of laundering approximately NT$10.79 billion in proceeds for the Cambodia‑based Prince Group, an organisation blamed for large‑scale online investment or “pig‑butchering” scams. The case specifically identifies Chen Zhi as the alleged ringleader; Chen was previously detained and deported earlier in 2026. Prosecutors say the network used sophisticated money‑movement techniques to clean funds for operators running fraudulent trading and romance schemes that targeted victims across multiple jurisdictions. Authorities framed the move as part of coordinated regional enforcement to dismantle transnational scam compounds, expand asset freezes and advance victim recovery efforts. The indictments allege company fronts, nominee accounts and cross‑border transfers designed to obscure origin of illicit funds, and prosecutors signalled follow‑on forfeiture petitions and cooperation with other countries’ investigators. The action underscores increased emphasis on financial investigations, forensic accounting and multilateral legal assistance to disrupt laundering corridors that enable large‑scale online fraud.