US sanctions 3 Singaporeans in global fraud takedown tied to Cambodian scam empire

[hardindex]

Chen Zhi, the chairman of Prince Holding Group

Look like fujian again

 

[Ubi-Warrior]

At this rate will trump take action on sg

Maybe he open Family Office?

 

[Visor9999]

Maybe he open Family Office?

Unlikely since he already have world crypto market under control. More likely he order tariffs or sanctions for sg

 

[heroking]

iris koh also post about this

 

[dambio]

Sg Govt need to hope that trump don’t read Bloomberg news at this rate

He knows. Just not time to take actions on his part oni. His aides will inform him.

 

[dxdx999]

Lai liao

No wonder Shan need to throw smoke bomb

 

[xcodes]

a long time ago, during the 1st gen time, sinkieland gov will vet thoroughly and very very carefully for who can become PR or citizens here ... but now it's anyhow anyhow like issuing out toilet papers ....

 

[Helpall]

wow.. so many.. how many not found out?

 

[Smarty22]

Fujian is the hub of scam syndicates

 

[westernbarn]

Confiscate their money and properties and use them to compensate the scam victims.

Confiscate - the state can do that and compensate the scam victims .you will never get to see this happening. Which country dun want to get richer although sgp is already rich enuf

 

[SayPorkGuy]

a long time ago, during the 1st gen time, sinkieland gov will vet thoroughly and very very carefully for who can become PR or citizens here ... but now it's anyhow anyhow like issuing out toilet papers ....

profits above all costs got us here.

 

[pokipoki08]

burma junta, thai daksin, jibkor
2x casino since when?
is this even news?
guess where the annual surplus, your cdc voucher come from?

君子爱财 取之有道

 

[Whimsica]

Getting interesting with the most senior civilian outed.

Standby popcorn for next 7 days till end of CCP Central Committee's 4th Plenary Meeting.

 

[uselessbum]

The US treasury department has a list of all those allegedly involved, including the 3 sinkies.

https://ofac.treasury.gov/recent-actions/20251014

What's interesting is that one of them (Alan) supposedly holds two citizenships - SG and China. If that is true, what are we going to do about it? Let him have both? There's also the question of why China gave him citizenship despite knowing that he was already a sinkie.

 

[BlackWing1977]

The alleged head of a Cambodian criminal ring and his associates set up a family office in Singapore that claimed to receive tax breaks, while also building relationships with firms backed by state investor Temasek Holdings and spending millions on properties in the city-state.

Chen Zhi, the chairman of Prince Holding Group, heads what US prosecutors say is one of the largest transnational criminal organisations in Asia. He and multiple associates, including three Singapore citizens, were sanctioned by US authorities Tuesday over their alleged involvement in a ring that used cryptocurrency to launder billions generated from online investment scams.

The operation allegedly used forced labour in Cambodia to emotionally manipulate thousands of victims around the world, fattening their accounts and then draining them in a practice known as “pig butchering”. Now the case is prompting authorities and firms in Singapore to review the group’s financial ties to the business hub.

See article @ https://www.theedgesingapore.com/ne...ties-multi-billion-dollar-scam-case-spotlight

 

[pwongkk]

Time for Ho Jinx to comment.

 

[BlackWing1977]

The Chairman name does not sounds like a Cambodian name... not surprising at all...

 

[Humster]

Maybe he open Family Office?

Lol, the super rich AMDK wouldn't open Family office in SG one. Middle East there got a few places to open liao.

 

[pwongkk]

The US treasury department has a list of all those allegedly involved, including the 3 sinkies.

https://ofac.treasury.gov/recent-actions/20251014

What's interesting is that one of them (Alan) supposedly holds two citizenships - SG and China. If that is true, what are we going to do about it? Let him have both? There's also the question of why China gave him citizenship despite knowing that he was already a sinkie.

Every economic refugees that converts to sg shitizenship needs to give up their previous passport. But tiongs don't need to.

And ica allows this to happen.

 

[pwongkk]

Sg Govt need to hope that trump don’t read Bloomberg news at this rate

Which minister should step down now?