Man accused of running Cambodian scam farm empire has Hong Kong business links
A Chinese-born businessman sanctioned by the US and UK for alleged human trafficking through a Cambodian-based cybercrime empire and scam farm has operations in Hong Kong and a related company owns an office building in the city, the Post has found. The discovery followed an announcement by the US Office of Foreign Assets Control, which…
A Chinese-born businessman sanctioned by the US and UK for alleged human trafficking through a Cambodian-based cybercrime empire and scam farm has operations in Hong Kong and a related company owns an office building in the city, the Post has found.
The discovery followed an announcement by the US Office of Foreign Assets Control, which on Tuesday sanctioned more than 100 business entities including 11 Hong Kong companies linked to Chen Zhi, CEO and chairman of Cambodian conglomerate Prince Holding Group, who is under investigation and remains at large.
One of the 11 companies is Prince Group Holdings, which has an office at 68 Kimberley Road in Tsim Sha Tsui. The entire office building is owned by Cheer Capital Limited, another of the businesses on the US sanctions list.
Prince Group Holdings’ sole shareholder is Prince Global Group Limited, a firm in Cambodia registered in the British Virgin Islands and linked to Chen on the US list.
Prince Group Holdings is the only firm on the list with a director who shares the same name as Chen and also holds a Cambodian passport.
The director, who shares the same name as Chen, was found to be a director of six other companies in Hong Kong, which are not on the US list.
