China Confirms Extradition of Accused Scam Boss Chen Zhi as Cambodia Liquidates His Bank

Alleged scam center kingpin Chen Zhi arrived back in China from Cambodia on January 8, 2025. Image: Handout
Alleged scam center kingpin Chen Zhi arrived back in China from Cambodia on January 8, 2025. Image: Handout

Accused scam boss Chen Zhi has been extradited to China from Cambodia, Beijing confirmed on Thursday, after he was indicted by the United States over alleged multibillion-dollar fraud.

Video released by China’s Ministry of Public Security on Thursday showed Chen in handcuffs as security forces lifted a black bag off his head, after he was escorted off a China Southern plane with black-clad armed guards waiting on a runway.

  • Get a daily email packed with the latest news and analysis from Africa, Asia, and across the Global South.
  • Read exclusive insights on the key trends shaping China’s relations across the Global South.
  • Full access to the News Feed that provides daily updates on Chinese engagement in the Global South.

China, Africa and the Global South... find out what’s happening.

Subscribe today for unlimited access.

OR

Already a subscriber? Log in Click Here to Learn More
by Agence France-Presse

Most Read

1
Developing Countries’ Debt Servicing Costs to China Are Significant, but Nowhere Near as Much as Other Creditors
2
Uncertainty Roils Minerals Markets
3 Chinese Scholars See Russia’s Venezuela Strategy as a Model of Hybrid Power Projection in the U.S.’ Backyard
4 From J-10C to Kaan? Indonesia’s Fighter Jet Deal With Turkey Shocks Chinese Military Fans
5 Chinese Military Fans Discuss Why Indonesia Bought Rafale Instead of J-10C
6
Indonesia Goes Nuclear, Taps China and Russia for Modular Reactors

You Might Like

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

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

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. ...

Cambodia’s Prince Group, Target of U.S. and UK Sanctions

U.S. and UK authorities unveiled sanctions this week against Chen Zhi, a British-Cambodian tycoon accused of running cyberscam operations where workers, some trafficked, carry out transnational fraud schemes that have netted billions of ...

Accused Scam Boss Chen Zhi Arrested in Cambodia, Extradited to China: Phnom Penh

Chinese-born tycoon Chen Zhi, who was indicted by the United States on fraud and money-laundering charges for running a multibillion-dollar cyberscam network from Cambodia, has been arrested there and extradited to China, Phnom ...

Thai Court Rules Chinese Scam Hub Tycoon to Be Extradited

A tycoon linked to illegal scam hub operations on the Thai-Myanmar border will be extradited to face criminal charges in China, a court in Bangkok ordered on Monday. Chinese businessman She Zhijiang, 43, ...

What is The China-Global South Project?

Independent

The China-Global South Project is passionately independent, non-partisan and does not advocate for any country, company or culture.

News

A carefully curated selection of the day’s most important China-Global South stories. Updated 24 hours a day by human editors. No bots, no algorithms.

Analysis

Diverse, often unconventional insights from scholars, analysts, journalists and a variety of stakeholders in the China-Global South discourse.

Networking

A unique professional network of China-Africa scholars, analysts, journalists and other practioners from around the world.

More about CGSP