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Cambodia's Prince Group denies link to scams after asset seizures
- The Prince Group denies any unlawful activities related to recent allegations, stating they are baseless and intended to justify asset seizures worth billions of dollars.
- Chairman Chen Zhi expressed confidence that the Prince Group will be fully exonerated once the facts come out.
- The company argues that the allegations have harmed thousands of innocent employees and partners as well as communities served by the Group.
- In October, the US Justice Department labeled the Prince Group as 'one of Asia's largest transnational criminal organizations.
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Business conglomerate Prince Holding Group has denied allegations that its founder made his fortune by running an online scam, after seizing assets totaling more than 13 billion baht (£14 billion) in several countries.
(Dan Tri) - Prince Group of "boss" Chen Zhi has just spoken out to deny allegations of running an online fraud empire and affirmed that the group is operating legally.
Prince Group in Cambodia said the allegations against it 'have caused unnecessary harm to thousands of innocent employees, partners and the communities it serves'.
Cambodian businessman Chen Zhi's Prince Group has denied allegations of engaging in fraud.
·Viet Nam
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Total News Sources34
Leaning Left1Leaning Right5Center6Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
C 50%
R 42%
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