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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米国、カンボジアの暗号通貨詐欺から150億ドルのビットコインを押収

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連邦検察当局は、カンボジアのプリンス・ホールディング・グループ会長である陳志(Chen Zhi)を、強制労働を悪用した世界的な暗号通貨詐欺に関連する電信詐欺とマネーロンダリングで起訴した。米国政府は約150億ドル相当のビットコインを押収し、これは司法省史上最大の没収措置となった。陳は依然として逃亡中で、有罪判決を受ければ最大40年の懲役に直面する。

Prince Groupの会長であるChen Zhiは、カンボジアで逮捕され、中国へ強制送還された。数十億ドルの仮想通貨を盗んだ強制労働詐欺の首謀者容疑だ。米当局による最近の資産押収に続くもので、東南アジアでの大規模な「pig butchering」詐欺に打撃を与えるとみられる。

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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.

High-profile criminal cases in China involving massive cryptocurrency seizures have ignited concerns about the safety and future of virtual currencies. The arrest of alleged scam kingpin Chen Zhi and corruption charges against a former central bank official underscore ongoing risks. Analysts say these events may temporarily pressure bitcoin prices but won't sway long-term trends.

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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.

A suicide bombing at a restaurant in Kabul marks the latest sign of how Chinese citizens can become caught up in the region’s instability. On the same day, the Chinese embassy in Tajikistan issued a travel warning, urging its citizens and companies to boost security and evacuate from the border region as soon as possible, after four gunmen were killed trying to cross from Afghanistan.

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中国最高人民法院は、仮想通貨を使ってマネーロンダリングや資本規制の回避を行うことに対し、より厳しい罰則を警告した。張軍首席大法官は3月9日、全国人民代表大会に提出した同裁判所の年次報告でこの発言を行った。この動きは、北京の技術を悪用した金融犯罪に対する継続的な取り締まりを反映している。

 

 

 

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