Taiwan Detains 25, Seizes $145M in Assets From Cambodia’s Prince Group
Taipei prosecutors have detained 25 individuals and confiscated more than NT$4.5 billion (US$145 million) in assets connected to Cambodia’s Prince Holding Group, an empire led by businessman Chen Zhi, who was charged in the United States for wire fraud and money laundering. The detentions and seizures mark Taiwan’s largest move yet in a sweeping international effort against a cross-border […]
Taipei prosecutors have detained 25 individuals and confiscated more than NT$4.5 billion (US$145 million) in assets connected to Cambodia’s Prince Holding Group, an empire led by businessman Chen Zhi, who was charged in the United States for wire fraud and money laundering. The detentions and seizures mark Taiwan’s largest move yet in a sweeping international effort against a cross-border […]
