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Wednesday, January 14, 2026

Cambodia Extradites Alleged Scam Tycoon Chen Zhi to China

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Motorists ride past a branch of the Prince Bank in Phnom Penh, Cambodia, on Oct. 15, 2025. Tang Chhin Sothy/AFPCambodian authorities said on Jan. 7 that they extradited a billionaire businessman to China after a joint investigation into transnational crime.Cambodia’s Interior Ministry stated that Chen Zhi, founder and chairman of the Cambodia-based Prince Group, was among three Chinese nationals arrested on Jan. 6, according to Cambodia’s state-run news agency AKP.

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