Chen Zhi - Inside one of Asia's allegedly most sophisticated Transnational Criminal Organization. What happened
Robert Nogacki describes it on Linkedin: "The United States District Court for the Eastern District of New York has unsealed an indictment against Chen Zhi (陳志), charging the Chinese-Cambodian businessman with orchestrating one of Asia's most sophisticated transnational criminal organizations. The indictment reveals an operation that allegedly defrauded victims globally of billions of dollars through forced-labor cryptocurrency schemes while laundering proceeds through an elaborate network of ostensibly legitimate business enterprises. Chen founded and chaired Prince Holding Group, a Cambodian conglomerate operating over one hundred business entities across more than thirty countries. While publicly presenting itself as engaged in real estate development, banking, and hospitality, federal prosecutors allege that Prince Group's core business consisted of operating forced-labor compounds throughout Cambodia executing industrial-scale "pig-butchering"...