CHINA

Taiwan Indicts Dozens Linked to Prince Group Cybercrime Empire

Published: Mar. 6, 2026 3:33 a.m. GMT+8

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On March 2, the Taipei Branch of the Administrative Enforcement Agency auctioned 33 luxury cars seized in the case.

Authorities in Taiwan have indicted dozens of people linked to the Prince Group cyber-scam empire, part of a widening international crackdown on the criminal syndicate just two months after its alleged founder was extradited to the Chinese mainland.

In a statement Wednesday, the Taipei District Prosecutors Office announced charges against 62 individuals and 13 companies. A day earlier, police in Singapore arrested three men linked to Prince Group for their suspected involvement in related money-laundering crimes.

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Taiwan indicted 62 individuals and 13 companies tied to the Prince Group cybercrime network, seizing assets worth NT$5.5 billion ($175 million).
Prince Group’s alleged founder Chen Zhi was extradited to China in January 2026; operations included money laundering via virtual currencies and shell companies.
Singaporean authorities seized over S$500 million in assets and arrested suspects connected to the syndicate's money-laundering activities.

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Who’s Who

Prince Group: Prince Group is a cyber-scam empire allegedly founded by Chen Zhi, a Cambodian "duke." This extensive global cybercrime network is accused of engaging in fraud, money laundering, and operating illegal gambling venues. It utilized virtual currencies, shell companies, and luxury goods to move illicit funds internationally, and has been the target of a widespread international crackdown.

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What Happened When

October 2025：: Chen Xiuling, financial manager of Chen Zhi’s family office, left Singapore before a police raid.

Early January 2026：: Chen Zhi's Cambodian citizenship was revoked and he was extradited to the Chinese mainland.

March 2, 2026：: The Taipei Branch of the Administrative Enforcement Agency auctioned 33 luxury cars seized in the case.

March 3, 2026：: Police in Singapore arrested three men linked to Prince Group for suspected money-laundering crimes.

March 3, 2026：: Singaporean authorities announced an arrest warrant for Chen Xiuling for allegedly abetting the falsification of accounts and attempted fraud.

March 4, 2026：: The Taipei District Prosecutors Office announced charges against 62 individuals and 13 companies.

As of March 6, 2026：: Singapore had issued prohibition-of-disposal orders on additional assets, bringing the total value of assets seized or frozen in Singapore in connection with the case to more than S$500 million.

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