How a Multibillion-Dollar Fraud Could Threaten Taiwan's National Security
Загружено: 2026-03-26
Просмотров: 1709
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On January 6, 2026, Chen Zhi, Chinese-born founder of Prince Group, was arrested in Cambodia for multibillion-dollar fraud and money laundering schemes, in a joint operation between Chinese and Cambodian authorities.
The case follows a trail of illegal funds flowing through Taiwan to overseas investments, raising alarms about how organized crime is undermining regional security. Authorities say over US$340 million was laundered through Taiwan, with around US$180 million in assets seized, from luxury real estate to designer goods and high-end vehicles.
So why is Taiwan watching this case closely? And what could it mean for the country’s national security?
Watch the full Zoom In Zoom Out episode on our YouTube channel.
Reporter: Alan Lu
Producers: Alec MacDonald/Isabel Wang
Videographer: Devin Tsai
Video Editor: Alison Nguyen
#TaiwanPlusNews #PrinceGroup #Taiwan #ChenZhi
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