Core Points - The article discusses the extradition of She Zhijiang, a Chinese national, from Thailand to China for his involvement in illegal gambling activities [1][3] - She Zhijiang is accused of creating and operating 239 illegal gambling websites, with a total flow of funds exceeding 12.63 trillion Thai Baht (approximately 2.77 trillion RMB) [3] Summary by Sections - **Extradition Details** - Thai police escorted She Zhijiang to Suvarnabhumi Airport in Bangkok for extradition to China on November 12 [1] - The Thai Supreme Court upheld the lower court's decision to extradite him for trial regarding his illegal gambling operations [1] - **Criminal Activities** - She Zhijiang's main crimes include the establishment and management of numerous illegal gambling websites [3] - He has been operating these activities primarily in Myanmar's KK Park and "Asia Pacific New City," using online platforms to lure Chinese citizens into illegal transactions [3]

Core Points - The Thai Supreme Court has decided to extradite She Zhijiang, the head of a cross-border gambling and fraud crime syndicate, to China for trial, with the Thai government coordinating the process within 90 days [1] - She Zhijiang has been involved in illegal gambling and telecom fraud activities, creating and operating 239 illegal gambling websites with a total flow of funds exceeding 27.7 billion RMB [1] - The crime syndicate has been operating in regions like Myanmar and the Philippines, taking advantage of the political instability in the border areas [1][2] - The "Asia-Pacific New City" project, associated with She Zhijiang, has been linked to various illegal activities, including gambling and telecom fraud [1] Company and Industry Summary - She Zhijiang, originally from Hunan, China, has been active in the online gambling industry since 2012, establishing various gambling platforms [1] - The "Asia-Pacific New City" project is a collaboration between She Zhijiang's Asia-Pacific International Holdings Group and a company operated by the Karen Border Guard, which has been involved in illegal gambling and fraud [1] - In September 2025, the U.S. Treasury imposed sanctions on 19 entities and individuals involved in the telecom fraud industry in Myanmar and Cambodia, including She Zhijiang and the "Asia-Pacific New City" [2] - Interpol issued a red notice for She Zhijiang in May 2021, and he was arrested by Thai police in August 2022, with a Thai court later ruling for his extradition to China [4] - She Zhijiang faces criminal charges in China for illegal casino operations, potentially leading to a maximum sentence of 10 years in prison [4]

Core Viewpoint - The article highlights the increasing prevalence of online shopping fraud during the Double 11 shopping festival, emphasizing the need for consumer vigilance against various scams targeting online shoppers [3][10]. Group 1: Types of Scams - The article outlines several types of scams prevalent during the Double 11 shopping festival, including refund and compensation scams, where fraudsters lure victims into transferring money under the guise of refunds or compensation for faulty products [5][10]. - Another common scam involves impersonating customer service representatives, claiming issues with purchased items and prompting victims to share personal information or download malicious apps [10][11]. - The article also mentions phishing scams that exploit promotional messages to direct consumers to fake websites, leading to potential theft of personal information and funds [10]. Group 2: Fraud Prevention Measures - Authorities recommend that consumers adhere to the "four no principles" to protect themselves: do not engage in private communication outside official platforms, do not trust high compensation promises, avoid downloading unknown software, and do not transfer money to unfamiliar accounts [6][10]. - The article emphasizes the importance of consumer awareness and vigilance, urging individuals not to download any software based on unsolicited prompts and to safeguard their personal information [11][12]. - The article notes that the fraud industry has become increasingly sophisticated, operating in a "puzzle-like" manner where different teams handle various aspects of the scam, making it challenging to combat [10].

Core Points - The Thai Appeals Court upheld the first-instance ruling to extradite She Zhijiang (also known as She Lunkai) back to China within 90 days due to his involvement in operating online casinos [1] - She Zhijiang is identified as the mastermind behind a large-scale online gambling network, managing 239 active websites with a total circulation of over 2.775 trillion RMB [1] Group 1 - She Zhijiang, also known as She Lunkai, is a key figure in multiple transnational crime syndicates, involved in illegal gambling, telecom fraud, and human trafficking [2] - He was born in 1982 in Shaodong, Hunan, and later acquired Cambodian nationality in 2017, changing his name to She Lunkai [2] - His criminal activities include establishing online gambling sites that attracted 330,000 gamblers, generating illegal profits exceeding 150 million RMB from January 2018 to February 2021 [4] Group 2 - The extradition process began after She Zhijiang was arrested in Thailand in August 2022, with the Thai Attorney General's Office submitting an extradition request in November 2022 [4] - The Thai Criminal Court ruled in May 2023 to extradite him, which was upheld by the Constitutional Court in October 2025, confirming the legality of the extradition under Thai law [4]

Core Viewpoint - The article emphasizes the increasing prevalence of online shopping fraud during the Double 11 shopping festival, highlighting the need for consumers to remain vigilant against scams that impersonate e-commerce platforms and lure individuals into downloading fraudulent applications or sharing personal information [1][6]. Group 1: Fraud Types and Tactics - Various types of scams have been identified, including refund and compensation fraud, where scammers set up fake online stores, send defective products, and then manipulate consumers into transferring money under the guise of compensation [4][6]. - Scammers are increasingly using tactics such as screen sharing and remote control of victims' devices to access sensitive banking information, leading to significant financial losses [5][6]. - The fraud schemes have evolved into a "puzzle-like" operational model, with different teams handling various aspects of the scam, making it difficult to dismantle the entire operation [6][7]. Group 2: Consumer Warnings and Recommendations - Authorities have issued warnings advising consumers to avoid private communications outside official platforms, refrain from adding unknown contacts on social media, and not to download unofficial software [1][4]. - The "Four No Principles" for consumer protection include not engaging in private conversations outside official platforms, not trusting high compensation promises, avoiding unknown software downloads, and not transferring money to unfamiliar accounts [4][6]. - The National Anti-Fraud Center has compiled a "Fraud Prevention Handbook" for Double 11, detailing common scams such as pre-sale fraud, impersonation of customer service, and fake prize notifications [6][7].

Core Viewpoint - The article discusses the legal and financial troubles surrounding Chen Zhi, founder of the "Prince Group" in Cambodia, and David Wong, who was previously in charge of a family office. Chen Zhi accused Wong of embezzling approximately 5.84 million Singapore dollars (around 31.91 million RMB) from his bank accounts, leading to multiple lawsuits and significant legal disputes between the two parties [1][2]. Group 1: Background and Initial Relationship - Chen Zhi and David Wong first met in 2017, with Chen already wealthy and seeking investment opportunities in Singapore for permanent residency [2] - In 2017, Chen Zhi purchased a luxury home for nearly 40 million Singapore dollars and subsequently established a family office named "DW Capital Holdings" with Wong's assistance [2] - Wong helped Chen Zhi expand his business, forming new companies and establishing relationships with over six major banks [2] Group 2: Legal Disputes and Financial Irregularities - In 2021, Chen Zhi decided to change the operational model of his family office, leading to a shared office arrangement with Wong's family office [3] - Chen's financial assistant discovered that Wong had not submitted critical business documents and that there were suspicious inter-company transfers, including a management fee exceeding 530,000 USD [3][5] - Following a series of events, including locked office access and the discovery of missing funds, Chen Zhi terminated Wong's position as the sole leader of the family office [5] Group 3: Legal Outcomes and Sanctions - In December 2022, the Singapore High Court ruled against Wong, ordering him and his associated companies to pay over 12 million Singapore dollars in debts [6] - Both Chen Zhi and his assistant have been sanctioned by the United States, and multiple countries have frozen assets linked to the Prince Group [7][8] - The Prince Group, which claims to be a multinational business entity, has been accused of running a telecom fraud operation, leading to significant legal actions and asset seizures in various jurisdictions [8][9] Group 4: Impact on Associated Companies - Chen Zhi is the majority shareholder of two publicly listed companies in Hong Kong, which continue to operate normally despite the surrounding controversies [10][11] - Recent resignations of executives from these companies indicate potential instability within their management structures [10] - Regulatory actions have been taken against companies associated with the Prince Group, including the suspension of licenses for investment and insurance firms linked to Chen Zhi [12][13]

Core Points - The founder of the Cambodian telecom fraud group "Prince Group," Chen Zhi, was involved in a financial dispute with David Wong, the head of a family office in Singapore, who allegedly embezzled 5.84 million SGD (approximately 31.91 million RMB) from Chen's bank account [1][2][3] Group 1: Background and Initial Relationship - Chen Zhi and David Wong first met in 2017, with Chen already wealthy and seeking investment opportunities in Singapore for permanent residency [2] - In 2017, Chen spent nearly 40 million SGD on luxury real estate and subsequently established "DW Capital Holdings" with Wong's assistance, gaining tax exemption status [2][3] Group 2: Operational Issues and Disputes - In 2021, Chen decided to restructure the family office operations, leading to shared office space with Wong's family office [3][5] - Chen's financial assistant discovered discrepancies in document submissions and inter-company transfers, including a management fee exceeding 530,000 USD [3][5] Group 3: Legal Actions and Consequences - Following a series of issues, Chen dismissed Wong as the sole leader of the family office in July 2021, after discovering restricted access to the office and missing funds [6][7] - A Singapore court later ruled against Wong, ordering him and his associated companies to pay over 12 million SGD in debts, while Wong filed for bankruptcy [6][7] Group 4: Broader Implications for the Prince Group - The Prince Group, which operates in Cambodia, has been accused of using fake job advertisements to lure workers into telecom fraud, leading to significant legal and financial repercussions [7][8] - U.S. authorities seized approximately 15 billion USD worth of Bitcoin from Chen, and assets worth over 1.5 billion SGD were frozen in Singapore [8][9] - The Prince Group's banking operations faced a liquidity crisis, with a surge in withdrawal requests leading to a bank run [7][8] Group 5: Impact on Associated Companies - Chen Zhi is the majority shareholder of two publicly listed companies in Hong Kong, which continue to operate normally despite the ongoing legal issues [9][10] - Recent resignations of executives from these companies indicate potential instability within their management structures [9][10]

Core Points - The Myanmar military has launched a crackdown on telecom fraud operations in the KK zone, seizing 30 Starlink receivers and identifying 2,198 individuals involved in fraud and gambling [1] - A significant number of individuals, primarily from India and the Philippines, have fled to Thailand, with ongoing humanitarian efforts to assist and identify victims of human trafficking versus fraud suspects [3] - The KK zone is estimated to have over 20,000 individuals, indicating that the number of those who escaped to Thailand represents less than 10% of the total [5] - Many individuals leaving the KK zone are reportedly seeking new employment opportunities, with some being sold to other fraud groups for as much as $70,000 [5] - The crackdown is seen as a response to external pressure, with ongoing operations in the region despite the recent raid [5][6] - The rise of online gambling and telecom fraud in the region has been exacerbated by the lack of effective government control, particularly during the COVID-19 pandemic [6] - The U.S. government has imposed sanctions on 19 entities and individuals involved in fraud operations in Myanmar and Cambodia, highlighting the organized nature of these criminal networks [6] Summary by Sections Crackdown on Fraud Operations - The Myanmar military's recent actions have led to the discovery of significant fraud operations in the KK zone, with a large number of individuals involved [1] Humanitarian Response - Thai authorities are working to assist those fleeing, with a focus on distinguishing between victims and suspects [3] Employment and Human Trafficking - Many individuals are reportedly seeking new jobs after leaving the KK zone, with some being sold to other criminal organizations [5] Regional Crime Dynamics - The lack of government control in border areas has allowed for the proliferation of organized crime, particularly in the context of online scams [6] International Response - The U.S. has taken steps to sanction entities involved in these operations, indicating a broader international concern regarding the issue [6]

Core Viewpoint - The founder of Prince Group, Chen Zhi, is implicated in large-scale cryptocurrency fraud and money laundering, leading to asset freezes by authorities in the UK, US, and Singapore, as well as in Hong Kong [1][11]. Group 1: Asset Freezes and Investigations - Hong Kong police have frozen assets worth approximately HKD 2.75 billion related to a suspected international telecom fraud and money laundering group, believed to be linked to Chen Zhi [1][2]. - The Hong Kong Securities and Futures Commission has revoked licenses for several companies associated with Prince Group, including Mighty Divine Investment Management Limited and Mighty Divine Securities Limited [4][11]. - Chen Zhi's assets have been frozen globally, including USD 15 billion in Bitcoin by US authorities and properties in London, leading to a liquidity crisis at Prince Bank in Cambodia [12][13]. Group 2: Corporate Structure and Management Changes - Chen Zhi is the majority shareholder of two publicly listed companies in Hong Kong, namely Zhi Haoda Holdings and Kun Group, both of which continue normal trading despite the ongoing investigations [2][3]. - Recent resignations of multiple executives from Kun Group have raised concerns about the company's stability amid the investigations [2]. Group 3: Allegations and Criminal Activities - Chen Zhi's Prince Group is accused of operating fraudulent schemes that involve coercing workers to conduct telecom scams, targeting global victims to transfer cryptocurrency under false pretenses [11]. - The US government has charged Chen Zhi with fraud and money laundering, alleging that he directed a large-scale online "scam factory" in Cambodia [11].

每经编辑｜程鹏 福建小镇出身的陈志，家世寻常，却在28岁创办柬埔寨最大房地产集团，一跃成为当地首屈一指的富豪。 十年后，他被美国司法部门指控为"跨国网络诈骗帝国幕后主使"，价值约150亿美元的比特币被扣留；英国对其实施制裁，冻结伦敦19处房产及所有在英 资产；韩国冻结其910亿韩元资产；新加坡冻结其1.5亿新元资产，查封并扣押其在新加坡的6处房产，一艘游艇、11辆豪车；近日，中国香港、中国台湾 也对"太子集团"出手了。 据红星新闻11月5日报道，中国香港特区警方当地时间周二（4日）宣布，基于从多个渠道掌握的情报和信息，警方已经冻结一个涉嫌参与国际电信诈骗和 洗钱活动的犯罪集团价值27.5亿港元（约合人民币25.2亿元）的资产。据报道，该集团系柬埔寨"太子集团"。 警方在声明中称，被冻结的资产包括其通过犯罪所得的现金、股票、基金等。声明称，当局仍在就此进行调查，但目前暂未逮捕任何人。 同时，4日早些时候，中国台湾检方表示，他们已查封与"太子集团"相关的总价值超45亿新台币（约合人民币10.3亿元）的资产并拘留了25名嫌疑人。声 明称，以陈志为首的"太子集团"在柬埔寨从事诈欺犯罪，并于多地建立庞大企业网络进行洗钱 ...