They Fought the Law . . . and the Law Won!

David will explain who he is working with lawyers and counsel across the Globe on the Prince Group; which is estimated involve sums making this one of the largest alleged frauds of its generation.

Prince Holding Group was founded in 2015 and became one of Cambodia's largest business groups. Chen Zhi (陈志), also known as Vincent Chen, is a Chinese-born businessman who founded and chaired Prince Group with interests in real estate, banking, finance, and hospitality

Chen Zhi obtained Cambodian citizenship in 2014 and was later awarded the honorary title - Neak Oknha. In 2025, the U.S. Department of Justice indicted Chen Zhi, alleging that Prince Group operated scam compounds involved in cryptocurrency fraud and forced labour in so called “pig butchering” "Pig butchering" is the name commonly used by law enforcement and cybersecurity investigators for a type of fraud in which scammers build trust with victims over time, often through social media or messaging apps, before persuading them to invest money in fake cryptocurrency or investment platforms. Victims are encouraged to deposit increasing amounts until the funds are stolen.

The U.S. and U.K. imposed sanctions on Chen Zhi and entities linked to Prince Group in 2025, and the European Union announced sanctions in July 2026 related to alleged cyberscam. David was appointed provisional liquidator to an initial 30 Prince group entities in the BVI, on application of the BVI Attorney General in January 2026, in the year Chen Zhi was extradited from Cambodia to China and is facing criminal proceedings in China

Chen and Prince Group have disputed allegations against them.

No registration required