{"id":1805876,"date":"2026-03-04T07:56:50","date_gmt":"2026-03-04T04:56:50","guid":{"rendered":"https:\/\/analyse.optim.biz\/?p=1805876"},"modified":"2026-03-04T07:56:50","modified_gmt":"2026-03-04T04:56:50","slug":"scam-factories-in-myanmar-cyber-slavery","status":"publish","type":"post","link":"https:\/\/analyse.optim.biz\/?p=1805876","title":{"rendered":"Scam factories in Myanmar: Cyber slavery"},"content":{"rendered":"

[analyse_image type=”featured” src=”https:\/\/static.dw.com\/image\/75430068_6.jpg”]<\/p>\n

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https:\/\/p.dw.com\/p\/59lBA<\/span><\/div>\n<\/section>\n
The Prince group has been accused by the US of running a money laundering businessImage: Sok Serey\/ZUMA\/picture alliance<\/small><\/figcaption><\/figure>\n
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Prosecutors in Taiwan<\/a> indicted\u00a062 people on Wednesday for their alleged links to the Prince Group, a multinational network accused of running a vast system<\/a> of cyberscam centers from Cambodia<\/a>.<\/p>\n

The Prince Group has also been accused by the US<\/a> of being a front for a \u2060multibillion-dollar \u2060online fraud and money laundering operation.<\/p>\n

Beijing has called Chen Zhi, the founder of the Prince Group, “the ringleader of a major cross-border gambling and fraud criminal syndicate.”<\/p>\n

Earlier this year,\u00a0Chen was arrested and deported<\/a> to China<\/a> from Cambodia.<\/p>\n

Cambodia has emerged as a hub for cyber crimes<\/a> that involve luring internet users globally into fake romantic relationships and cryptocurrency investments.<\/p>\n

The transnational scam industry emerged in Southeast Asia during the pandemic. Billions of dollars are believed to be generated by the industry annually, using trafficked workers to defraud victims worldwide.<\/p>\n

What are the prosecutors in Taiwan alleging?<\/h2>\n

In a statement, Taipei prosecutors said that Taiwan was one of the locations where Chen had \u200bfunnelled illicit funds via shell companies, buying luxury goods, sports cars \u200band real estate.<\/p>\n

“This \u200cwas done to conceal and disguise the source and flow of the criminal proceeds,” it said.<\/p>\n

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Scam factories in Myanmar: Cyber slavery <\/h2>\n

In addition to 62 people indicted, including Chen, 13 companies have also been charged with offences that include “initiating, directing, manipulating, and commanding a criminal organization.”<\/p>\n

The prosecution estimates the group remitted\u00a0around T$10.8 billion ($339.12 million, \u20ac291.98 million) funds into Taiwan from overseas for alleged money-laundering purposes. They are then believed to have bought\u00a024 properties, \u200b35 vehicles, and held T$55.53 million in other assets such as cash, designer bags, and shoes.<\/p>\n

More than T$5.5 billion in assets have been seized in Taiwan, the prosecutors’ office \u200badded.<\/p>\n

The Prince Group had denied any wrongdoing, in a statement issued in November via a US law firm.<\/p>\n

Edited by: Rana Taha<\/em><\/p>\n<\/div>\n<\/div>\n<\/article>\n

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Prosecutors in Taiwan<\/a> indicted\u00a062 people on Wednesday for their alleged links to the Prince Group, a multinational network accused of running a vast system<\/a> of cyberscam centers from Cambodia<\/a>.<\/p>\n

The Prince Group has also been accused by the US<\/a> of being a front for a \u2060multibillion-dollar \u2060online fraud and money laundering operation.<\/p>\n

Beijing has called Chen Zhi, the founder of the Prince Group, “the ringleader of a major cross-border gambling and fraud criminal syndicate.”<\/p>\n

Earlier this year,\u00a0Chen was arrested and deported<\/a> to China<\/a> from Cambodia.<\/p>\n

Cambodia has emerged as a hub for cyber crimes<\/a> that involve luring internet users globally into fake romantic relationships and cryptocurrency investments.<\/p>\n

The transnational scam industry emerged in Southeast Asia during the pandemic. Billions of dollars are believed to be generated by the industry annually, using trafficked workers to defraud victims worldwide.<\/p>\n

What are the prosecutors in Taiwan alleging?<\/h2>\n

In a statement, Taipei prosecutors said that Taiwan was one of the locations where Chen had \u200bfunnelled illicit funds via shell companies, buying luxury goods, sports cars \u200band real estate.<\/p>\n

“This \u200cwas done to conceal and disguise the source and flow of the criminal proceeds,” it said.<\/p>\n

\n

Scam factories in Myanmar: Cyber slavery <\/h2>\n

In addition to 62 people indicted, including Chen, 13 companies have also been charged with offences that include “initiating, directing, manipulating, and commanding a criminal organization.”<\/p>\n

The prosecution estimates the group remitted\u00a0around T$10.8 billion ($339.12 million, \u20ac291.98 million) funds into Taiwan from overseas for alleged money-laundering purposes. They are then believed to have bought\u00a024 properties, \u200b35 vehicles, and held T$55.53 million in other assets such as cash, designer bags, and shoes.<\/p>\n

More than T$5.5 billion in assets have been seized in Taiwan, the prosecutors’ office \u200badded.<\/p>\n

The Prince Group had denied any wrongdoing, in a statement issued in November via a US law firm.<\/p>\n

Edited by: Rana Taha<\/em><\/p>\n<\/div>\n

Prosecutors in Taiwan<\/a> indicted\u00a062 people on Wednesday for their alleged links to the Prince Group, a multinational network accused of running a vast system<\/a> of cyberscam centers from Cambodia<\/a>.<\/p>\n

The Prince Group has also been accused by the US<\/a> of being a front for a \u2060multibillion-dollar \u2060online fraud and money laundering operation.<\/p>\n

Beijing has called Chen Zhi, the founder of the Prince Group, “the ringleader of a major cross-border gambling and fraud criminal syndicate.”<\/p>\n

Earlier this year,\u00a0Chen was arrested and deported<\/a> to China<\/a> from Cambodia.<\/p>\n

Cambodia has emerged as a hub for cyber crimes<\/a> that involve luring internet users globally into fake romantic relationships and cryptocurrency investments.<\/p>\n

The transnational scam industry emerged in Southeast Asia during the pandemic. Billions of dollars are believed to be generated by the industry annually, using trafficked workers to defraud victims worldwide.<\/p>\n

In a statement, Taipei prosecutors said that Taiwan was one of the locations where Chen had \u200bfunnelled illicit funds via shell companies, buying luxury goods, sports cars \u200band real estate.<\/p>\n

“This \u200cwas done to conceal and disguise the source and flow of the criminal proceeds,” it said.<\/p>\n

To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video<\/a><\/p>\n

In addition to 62 people indicted, including Chen, 13 companies have also been charged with offences that include “initiating, directing, manipulating, and commanding a criminal organization.”<\/p>\n

The prosecution estimates the group remitted\u00a0around T$10.8 billion ($339.12 million, \u20ac291.98 million) funds into Taiwan from overseas for alleged money-laundering purposes. They are then believed to have bought\u00a024 properties, \u200b35 vehicles, and held T$55.53 million in other assets such as cash, designer bags, and shoes.<\/p>\n

More than T$5.5 billion in assets have been seized in Taiwan, the prosecutors’ office \u200badded.<\/p>\n

The Prince Group had denied any wrongdoing, in a statement issued in November via a US law firm.<\/p>\n

Edited by: Rana Taha<\/em><\/p>\n

[analyse_source url=”https:\/\/www.dw.com\/en\/taiwan-indicts-62-linked-to-alleged-scam-center-in-cambodia\/a-76207992″]<\/p>\n","protected":false},"excerpt":{"rendered":"

[analyse_image type=”featured” src=”https:\/\/static.dw.com\/image\/75430068_6.jpg”] https:\/\/p.dw.com\/p\/59lBA The Prince group has been accused by the US of running a money laundering businessImage: Sok Serey\/ZUMA\/picture alliance Prosecutors in Taiwan indicted\u00a062 people on Wednesday for their alleged links to the Prince Group, a multinational network accused of running a vast system of cyberscam centers from Cambodia. The Prince Group has […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[226,74],"class_list":["post-1805876","post","type-post","status-publish","format-standard","hentry","category-politics","tag-crawlmanager","tag-dw-com"],"_links":{"self":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/1805876","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1805876"}],"version-history":[{"count":0,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/1805876\/revisions"}],"wp:attachment":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1805876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1805876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1805876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}