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  • 3 months ago
Taiwan has launched an investigation into alleged money-laundering activities linked to Cambodia’s Prince Group, which is believed to have run large-scale online scam centers. On Tuesday, Taipei prosecutors seized nearly US$150 million, detained 25 suspects, and summoned 10 witnesses for questioning. Several were later released on bail.

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00:00Taiwan has opened an investigation into a massive Cambodian scam operations money laundering
00:05activities in Taiwan.
00:07On Tuesday, Taipei prosecutors seized nearly US$150 million, detained 25 suspects, and
00:14summoned 10 witnesses for questioning.
00:17The action comes after the U.S. sanctioned nine Taiwan-based companies and three individuals
00:22linked to the Prince Group.
00:24Headed by a China-born Cambodian boss who once lived in Taiwan, the group allegedly
00:29operated online scam centers that used slave labor.
00:33As the investigation expands, authorities say they are uncovering the group's local
00:37structure, financial networks, and staff.
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