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Chen Zhi's Return to China Under Escort Scene Exposed
BlockBeats News, January 8th, the Prince Group's Chen Zhi was escorted back to China, and the scene was exposed. On January 7th, the Chinese Ministry of Public Security sent a task force to successfully escort the leader of a major cross-border gambling fraud group, Chen Zhi (Chinese national), back to China from Phnom Penh, Cambodia.
Investigation shows that Chen Zhi's criminal group is suspected of operating casinos, fraud, illegal business operations, concealing and disguising proceeds of crime, and other crimes. Currently, Chen Zhi has been taken coercive measures in accordance with the law, and relevant cases are under further investigation. A relevant person in charge of the Chinese Ministry of Public Security stated that the police will soon publicly issue a wanted order for the first batch of core members of Chen Zhi's criminal group and resolutely arrest fugitives.
The founder of the Cambodian telecom fraud group "Prince Group," Chen Zhi, was born on December 16, 1987, in Lianjiang County, Fuzhou City, Fujian Province, China. He dropped out of junior high school after completing junior secondary education and had previously worked in internet-related fields in China. In 2011, he went to Cambodia to invest in real estate. In 2014, he obtained Cambodian citizenship through investment immigration (later renouncing Chinese nationality) and in 2015 founded Prince Holding Group, implicated in operating a large-scale transnational fraud syndicate. In mid-October 2025, the United States and the United Kingdom announced indictments against Chen Zhi and seized approximately $15 billion worth of Bitcoin held by him.
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