Hong Kong freezes HK$2.75 billion in assets linked to accused scammer Chen Zhi
Hong Kong police have frozen HK$2.75 billion (US$352 million) in assets, including cash, stocks and funds, believed to be the proceeds of crime from a cross-jurisdictional telecoms fraud and money laundering network. The measure targeted the network of Fujian-born Cambodian businessman Chen Zhi and his company, Prince Holding Group, both the subjects of sanctions by…
