By Samuel Rubenfeld ( June 23, 2026, 20:36 GMT | Insight) -- Hu Xiowei, the reputed “second-in-command” of the Prince Group conglomerate, was sanctioned Tuesday by the US government days after he was reportedly arrested by Japanese authorities. Separately, the US government widened its efforts against the Huione Group, a Cambodia-based conglomerate used by the Prince Group to transfer and consolidate scam-derived assets, Treasury said.Hu Xiowei, the reputed “second-in-command” of the Prince Group conglomerate, was sanctioned Tuesday by the US government days after he was reportedly arrested by Japanese authorities....
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