Cambodia Liquidates Prince Bank With Scam Kingpin Chen Zhi Arrest Exposing Global Fraud Network

Motorists ride past a branch of the Prince Bank in Phnom Penh on October 15, 2025. A Cambodian bank founded by accused scam boss Chen Zhi, who has been indicted by the United States and extradited to China, was ordered liquidated on January 8, 2026, Cambodia's central bank said. Photo / TANG CHHIN Sothy / AFP
Motorists ride past a branch of the Prince Bank in Phnom Penh on October 15, 2025. A Cambodian bank founded by accused scam boss Chen Zhi, who has been indicted by the United States and extradited to China, was ordered liquidated on January 8, 2026, Cambodia's central bank said. Photo / TANG CHHIN Sothy / AFP

A Cambodian bank founded by accused scam boss Chen Zhi, who has been indicted by the United States over multibillion-dollar fraud and extradited to China, was ordered liquidated Thursday, Cambodia’s central bank said.

Prince Bank “has been placed under liquidation in accordance with the laws” of the country, the National Bank of Cambodia (NBC) said in a statement.

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by Agence France-Presse

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