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

[fordsolo]

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

• US sanctions three Singaporeans and 17 entities linked to Chen Zhi and Prince Holding Group for alleged involvement in transnational criminal activities.
• Chen Zhi is accused of operating forced-labour scam compounds in Cambodia, defrauding victims globally, with the US seizing US$15 billion in Bitcoin.
• Karen Chen, Nigel Tang and Alan Yeo are implicated for their roles in managing Chen Zhi's assets, companies and financial transactions.

In one of the largest financial fraud takedowns in history, three Singaporeans and 17 Singapore-registered entities have been sanctioned by the US over their alleged links to Cambodian national Chen Zhi (above photo), his affiliates and Prince Holding Group.

In a statement on Oct 14, the US Treasury Department’s Office of Foreign Assets Control said these individuals and entities have been added to its Specially Designated Nationals and Blocked Persons list.

This effectively bars US persons from conducting any transactions with them and requires the blocking of any property in their possession or under their control.

The US authorities alleged that Chen Zhi and his top executives grew Prince Holding Group – a multinational conglomerate – into “one of Asia’s largest transnational criminal organisations”.

One name stands out among the Singaporeans: Chen Xiuling, also known as Karen Chen. US authorities alleged that she is owned, controlled by, or acted on behalf of, Prince Holding Group.

https://www.straitstimes.com/busine...-fraud-takedown-tied-to-cambodian-scam-empire

 

[fordsolo]

https://www.facebook.com/share/v/1ChC2GwhA8/

 

[mocax]

what a disgrace to singapore... shannugam better do something about these scammers...

 

[white_prince]

Now we officially a scam City

 

[itedino]

Now a lot of scam centre mushroom in Cambodia and laos.

Guess china taking action soon

Later xjp force them again else 断粮断水断贸易断电 and get Thailand and Vietnam to do the same

Scammers are really cockroaches

I am afraid the 3 Singaporean if nabbed will be sent to china

 

[Humster]

Now a lot of scam centre mushroom in Cambodia and laos.

Guess china taking action soon

Later xjp force them again else 断粮断水断贸易断电 and get Thailand and Vietnam to do the same

Scammers are really cockroaches

The money made easier and much more than Drugs or gambling. Who don't want do.

 

[tExtra]

In before another Karen.

 

[jeff79]

Fujian gang again

 

[xcodes]

how come got alt passport one?

our law enforcement needs to take super harsh actions on these people ...

 

[2yearswastedlife]

just send all 3 of them to cambodian prison la. good riddance!

 

[cyke69sg]

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

• US sanctions three Singaporeans and 17 entities linked to Chen Zhi and Prince Holding Group for alleged involvement in transnational criminal activities.
• Chen Zhi is accused of operating forced-labour scam compounds in Cambodia, defrauding victims globally, with the US seizing US$15 billion in Bitcoin.
• Karen Chen, Nigel Tang and Alan Yeo are implicated for their roles in managing Chen Zhi's assets, companies and financial transactions.

In one of the largest financial fraud takedowns in history, three Singaporeans and 17 Singapore-registered entities have been sanctioned by the US over their alleged links to Cambodian national Chen Zhi (above photo), his affiliates and Prince Holding Group.

In a statement on Oct 14, the US Treasury Department’s Office of Foreign Assets Control said these individuals and entities have been added to its Specially Designated Nationals and Blocked Persons list.

This effectively bars US persons from conducting any transactions with them and requires the blocking of any property in their possession or under their control.

The US authorities alleged that Chen Zhi and his top executives grew Prince Holding Group – a multinational conglomerate – into “one of Asia’s largest transnational criminal organisations”.

One name stands out among the Singaporeans: Chen Xiuling, also known as Karen Chen. US authorities alleged that she is owned, controlled by, or acted on behalf of, Prince Holding Group.

https://www.straitstimes.com/busine...-fraud-takedown-tied-to-cambodian-scam-empire

SG also scam country.

 

[titusilvering]

how come got alt passport one?

our law enforcement needs to take super harsh actions on these people ...

Sinkies holding tiong passport mean he is ccp

 

[orpisia]

Get lost la they

 

[Joe Mahmood]

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

• US sanctions three Singaporeans and 17 entities linked to Chen Zhi and Prince Holding Group for alleged involvement in transnational criminal activities.
• Chen Zhi is accused of operating forced-labour scam compounds in Cambodia, defrauding victims globally, with the US seizing US$15 billion in Bitcoin.
• Karen Chen, Nigel Tang and Alan Yeo are implicated for their roles in managing Chen Zhi's assets, companies and financial transactions.

In one of the largest financial fraud takedowns in history, three Singaporeans and 17 Singapore-registered entities have been sanctioned by the US over their alleged links to Cambodian national Chen Zhi (above photo), his affiliates and Prince Holding Group.

In a statement on Oct 14, the US Treasury Department’s Office of Foreign Assets Control said these individuals and entities have been added to its Specially Designated Nationals and Blocked Persons list.

This effectively bars US persons from conducting any transactions with them and requires the blocking of any property in their possession or under their control.

The US authorities alleged that Chen Zhi and his top executives grew Prince Holding Group – a multinational conglomerate – into “one of Asia’s largest transnational criminal organisations”.

One name stands out among the Singaporeans: Chen Xiuling, also known as Karen Chen. US authorities alleged that she is owned, controlled by, or acted on behalf of, Prince Holding Group.

https://www.straitstimes.com/busine...-fraud-takedown-tied-to-cambodian-scam-empire

Singapore is already a HUB for ORGANISE CRIME SYNDICATES.

https://forums.hardwarezone.com.sg/...ruiters-maximum-12-strokes-for-mules.7163670/

 

[semiret]

SG became a Wash & Wash hub for those criminals? Open leg some more? No wonder more crimes are committed by Singaporeans. Haha

 

[yuzu28]

This Chen Zhi face confirmed ah tiong. Wow, give citizenship to ah tiong scammers, no wonder so many scam cases and phone calls la...

 

[Muthucurry5678]

Now a lot of scam centre mushroom in Cambodia and laos.

Guess china taking action soon

Later xjp force them again else 断粮断水断贸易断电 and get Thailand and Vietnam to do the same

Scammers are really cockroaches

I am afraid the 3 Singaporean if nabbed will be sent to china

Why afraid
Good that the scammers get sent to china
Kana firing squad also good.

 

[Mechafanboy]

Uncle Sam doing Shan-ge's work. For shame.

Shan must repent by introducing death penalty for this sort of criminals.

 

[Ayuready?]

Just hang all these buggers ffs

 

[smith2006]

According to this news article, most of these 9 Tawainese companies linked to a Singaporean - 林忠良LIM ZHONGLIANG. This one no sanction?

在制裁名單中，出現9家註冊於台北市大安區「知名大樓」的公司，包括聯凡、聯凡貳、睿督、博居、博居貳、澄碩、邁羽與鳴灣等，企業登記法人多為新加坡籍「林忠良（LIM ZHONGLIANG）」。巧合的是，這間大樓同時也是歌手周杰倫的住所。

https://tw.news.yahoo.com/回魂計-柬埔寨詐騙-涉案台灣9公司-據點竟與周杰倫同棟大樓-130540136.html