Story perspectives

Singapore Seizes S$150 Million Linked to Cambodian Prince Scandal

11/1/2025

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Summary

Story summary

Singapore seized more than S$150 million in assets linked to alleged money laundering and forgery involving Cambodian Prince Holding Group and its founder Chen Zhi.
The seized assets include six properties, bank accounts, a yacht, 11 cars, and liquor.
The seizure follows a U.S. indictment against Chen Zhi for leading a transnational scam syndicate.
Enforcement actions occurred on October 30.
Chen Zhi and his associates are currently outside the country.

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Story summary

Singapore seized more than S$150 million in assets linked to alleged money laundering and forgery involving Cambodian Prince Holding Group and its founder Chen Zhi.
The seized assets include six properties, bank accounts, a yacht, 11 cars, and liquor.
The seizure follows a U.S. indictment against Chen Zhi for leading a transnational scam syndicate.
Enforcement actions occurred on October 30.
Chen Zhi and his associates are currently outside the country.