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Prince Group chair charged, sanctioned by US over Cambodian scam centers

By Samuel Rubenfeld ( October 14, 2025, 20:45 GMT | Insight) -- The chairman of Cambodian conglomerate Prince Group grew his company into one of the largest transnational criminal organizations in Asia, building and operating forced-labor scam centers to engage in fraud schemes that led to the theft of billions of dollars, according to US federal prosecutors. Prosecutors also filed a civil complaint against about $15 billion worth of bitcoin that allegedly constituted proceeds of the fraud and money laundering schemes, marking what authorities called the largest forfeiture action in the history of the US Justice Department.The chairman of Cambodian conglomerate Prince Group grew his company into one of the largest transnational criminal organizations in Asia, building and operating forced-labor scam centers to engage in fraud schemes that led to the theft of billions of dollars, according to US federal prosecutors....

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