Cambodia Prince Group Chen Zhi Arrest: The Downfall of a Transnational Scam Kingpin

The man who was once the darling of international business award galas has been unmasked as the mastermind of a global criminal empire. On Wednesday, January 7, 2026, Chen Zhi, the chairman of Cambodia’s powerful Prince Group, was arrested in Phnom Penh and extradited to Beijing. His arrest marks the culmination of a year-long investigations into a massive network of online investment scams that targeted victims worldwide.

The Cambodia Prince Group Chen Zhi Arrest and the Web of Deceit

While Chen Zhi presented himself as a visionary philanthropist, the U.S. and U.K. governments had already identified his conglomerate as a front for organized crime. On October 14, 2025, sweeping sanctions were imposed on Prince Group for operating what officials described as a 'transnational criminal empire.' Despite these warnings, many international organizations continued their associations with the tycoon until his sudden fall this week.

Complicity of International Chambers and Awards

The arrest has cast a harsh light on the American Chamber of Commerce (AmCham) and the European Chamber of Commerce (EuroCham) in Cambodia. Both organizations accepted sponsorships and provided membership to Prince Group, effectively laundering the company’s reputation. Even as late as August 2024, after reports of scam involvement surfaced, Chen Zhi was honored with the 'Leading Personality of the Year' award by a U.K.-based financial publication. Analysts now question the depth of due diligence performed by these entities.