US EditionProsecutors in Asia seize yachts, luxury cars and cash from man accused of running cyberscams
Authorities seized over $1 billion in assets from Chen Zhi, accused of defrauding 250 U.S. victims through a global cyber-scam network, prosecutors said.
- Prosecutors in Taiwan, Hong Kong and Singapore seized hundreds of millions in assets linked to Chen, while U.S. authorities charged him with leading a global scam syndicate, as of last month.
- The Oct. 14, 2025, indictment alleges U.S. authorities charged Chen Zhi with wire fraud conspiracy and money laundering, describing crypto seizures including $14 billion in bitcoin.
- Taiwanese prosecutors seized $150 million in assets Tuesday, confiscating 26 luxury cars and 11 apartments linked to Jay Chou, while Singapore authorities reported $150 million SGD in assets including a yacht and shelves of liquor.
- Chen, who holds Cambodian citizenship, has not responded and U.S. authorities charged him with the `pig butchering` scam, with assets seized in Hong Kong and the U.K. .
- Regional enforcement has intensified as the U.S. and U.K. governments announced joint sanctions and the U.N. estimates networks in Cambodia, Laos, Myanmar and the Philippines net tens of billions yearly.
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Associated Press News
Prosecutors in Asia seize yachts, luxury cars and cash from man accused of running cyberscams
Prosecutors in Taiwan, Hong Kong and Singapore say they've seized hundreds of millions of dollars in assets belonging to a Cambodian businessman whom the U.S. accuses of heading a global scam syndicate.
Prosecutors in Asia seize yachts, luxury cars and cash from man accused of cyberscams
Prosecutors in Taiwan, Hong Kong and Singapore say they've seized hundreds of millions of dollars in assets belonging to a Cambodian businessman whom the U.S. accuses of heading a global scam syndicate
Prosecutors seize yachts, luxury cars from man accused of running Cambodia cyberscams
Prosecutors in Taiwan, Hong Kong and Singapore seized hundreds of millions of dollars in assets belonging to a Cambodian businessman whom the U.S. accuses of heading a global scam syndicate.(Image credit: Ministry of Justice Investigation Bureau)
Prosecutors seize yachts, luxury cars from man accused of running Cambodia cyberscams - TPR: The Public's Radio
Prosecutors in Taiwan, Hong Kong and Singapore seized hundreds of millions of dollars in assets belonging to a Cambodian businessman whom the U.S. accuses of heading a global scam syndicate. The post Prosecutors seize yachts, luxury cars from man accused of running Cambodia cyberscams appeared first on TPR: The Public's Radio.
Prosecutors in Taiwan, Hong Kong and Singapore seized hundreds of millions of dollars in assets belonging to a Cambodian businessman whom the United States accuses of leading a global network of scams.
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