Accused Scam Kingpin Was Duped by His Own Family Office Chief

In 2021, while China-born businessman Chen Zhi was building a multibillion dollar empire now enmeshed in multiple criminal allegations, staff at his family office in Singapore ran into seemingly minor technical glitches.

At first, some of them struggled to connect to the office copier. Days later, the door badges stopped working. After they regained access, staffers quickly realized they had a much bigger problem: Millions of dollars had been siphoned from Chen’s bank accounts.

Chen Zhi

Source: Prince Holding Group

While the founder and chairman of Cambodian conglomerate Prince Holding Group is now accused of running a global business empire built on enslavement, sextortion and ...