China keeps pressure on Cambodia to target cross-border fraud and trafficking

Chinese foreign ministry spokesman Wang Wenbin said recent incidents involving Chinese nationals going missing or disappearing in Cambodia have drawn China's close attention. These transnational crimes are a serious barrier to deeper cooperation between the two countries. Chen Zhi, founder of Prince Group, has been arrested and extradited to China.

China continues to pressure Cambodia to address cross-border fraud and human trafficking. In a Chinese foreign ministry statement on Saturday, Wang Wenbin said: “Recent incidents involving Chinese nationals going missing or disappearing in Cambodia have drawn China’s close attention.” He told Cambodian Foreign Minister Prak Sokhonn and Interior Minister Sar Sokha: “The frequent occurrence of such cases runs counter to the traditional friendship between China and Cambodia.”

These events highlight challenges posed by transnational crimes to bilateral ties. Chen Zhi, the Cambodian-Chinese founder and chairman of Prince Group, was sent back to China in a joint operation. He faces accusations of illegal activities, including opening a casino, fraud, illegal operations, and concealing criminal proceeds. The arrest followed months of cooperation between Chinese and Cambodian authorities and is part of broader regional efforts to dismantle scam operations.

Entities linked to Prince Group, such as Prince Bank, have been suspected of ties to online fraud. The case unfolded in Phnom Penh. Beijing aims to bolster regional security cooperation through such actions to reduce risks to Chinese nationals in Southeast Asia.

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U.S. seizes $15 billion in bitcoin from Cambodian crypto scam

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Federal prosecutors have charged Chen Zhi, chairman of Cambodia's Prince Holding Group, with wire fraud and money laundering in a global cryptocurrency scam that exploited forced labor. The U.S. government seized bitcoin worth approximately $15 billion, marking the largest forfeiture action in Department of Justice history. Chen remains at large, facing up to 40 years in prison if convicted.

Chen Zhi, chair of the Prince Group, has been arrested in Cambodia and deported to China amid accusations of orchestrating forced labour scam operations that stole billions in cryptocurrency. The arrest follows recent actions by US authorities seizing assets linked to him. This development is expected to disrupt large-scale pig butchering scams in Southeast Asia.

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China's Foreign Ministry spokesperson Lin Jian said on Monday that the country will intensify efforts to combat telecom fraud, online gambling, and related cross-border crimes. This comes after reports of the execution of four members from the Bai family criminal syndicate, following the execution of 11 members from the Ming family group. China has cooperated with Myanmar and other nations, yielding notable results in curbing these crimes.

A joint South Korean-Cambodian police team has apprehended 136 scam suspects in Cambodia since its launch in November, police announced on January 28. The team also rescued four abducted victims held in criminal complexes. It was formed amid public outcry over the torture death of a Korean college student who fell victim to a job scam.

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Indonesiens Nationale Drogenbehörde (BNN) hat die Interpol-Flüchtige Paryatin alias Dewi Astutik am 1. Dezember 2025 in Sihanoukville, Kambodscha, festgenommen. An der Operation war ein gemeinsames Team mit lokalen Behörden beteiligt, das ein transnationales Drogenhandelsnetzwerk ins Visier nahm. Dewi, gesteuert von einem nigerianischen 'Godfather', ist seit 2023 in Methamphetamin-Lieferungen in mehrere Länder verwickelt.

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In Beijing, China has announced a new oversight body for Buddhist clergy's conduct, one day after the Buddhist Association of China's 11th national congress concluded. Fourth-ranking official Wang Huning urged the association to exercise 'comprehensive and rigorous governance over the religion'. The move follows the 'CEO monk' scandal involving violations of monastic vows.

 

 

 

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