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Singapore police seize S$150 million in Cambodian scam center probe

( October 31, 2025, 16:28 GMT | Official Statement) -- MLex Summary: Singaporean police announced an enforcement operation at multiple locations island-wide against Prince Group chair Chen Zhi and his associates in relation to offences of money laundering and forgery over allegations that he operated scam centers. As part of the operation, police said they seized and issued prohibition of disposal orders against six properties and various financial assets, including bank accounts, securities accounts and cash, with a total estimated value of more than S$150 million ($115.2 million). Other assets, including a yacht, 11 cars and multiple bottles of liquor, were also subjected to prohibition of disposal orders.Statement follows below:...

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