Why the CCP Grabbed Chen Zhi Before the US Could

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January 25, 2026Updated:January 25, 2026

Chinese state television aired footage on Jan. 8 showing armed police escorting Chen Zhi into custody after Cambodia extradited him to China a day prior.

Chen, founder and chairman of Cambodia-based Prince Holding Group, was indicted by the United States in October 2025. U.S. prosecutors allege that his conglomerate is a front for multibillion-dollar online fraud schemes and money laundering operations.