Prince Holding Group founder, Chinese-born Cambodian Chen Zhi (陳志), is facing up to 13 years in prison, as prosecutors seek a maximum sentence. Suspects in a money laundering case linked to Cambodia-based Prince Holding Group arrive at the Taipei District Court yesterday. Photo: CNAHe faces charges of money laundering, conspiracy, gambling, document forgery and contraventions of the Business Entity Accounting Act (商業會計法). The Taipei District Prosecutors’ Office yesterday completed its investigation that began on Oct. 15 last year, which entailed eight search operations and resulted in the detention of nine people. Starting in 2016, he worked with a number of companies in Taiwan to establish a money laundering network, prosecutors said.

Source: Taipei Times March 04, 2026 17:15 UTC