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Chonburi crash led police to vast online fraud and crime network linked to Cambodia’s Prince Holdings

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A Chonburi car crash involving Chinese national Mingchen Shan uncovered a vast Thailand-Cambodia crime network linked to Chen Zhi’s fallen Prince Group, with weapons, fake Thai IDs, explosives, ฿815 million in fraud losses and ฿583 million in seized assets. ( Source: Thai Rath )

Mingchen Shan’s Chonburi crash exposed a vast transnational crime empire linked to Chen Zhi and the fallen Prince Group. The case involves weapons, fake Thai identities, explosives, 4,143 cyber fraud cases, ฿815 million in losses and ฿583 million in seized assets.

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Summary

What began as a violent Chonburi car crash involving a Chinese man and his girlfriend has exposed a vast transnational crime network stretching from Thailand to Cambodia, involving illegal weapons, fake Thai identity documents, military explosives, thousands of online fraud cases, more than ฿815 million in losses and financial links to the collapsed Prince Group empire of convicted Chinese-Cambodian businessman Chen Zhi.

A violent road crash in Chonburi on May 8 appeared at first to be a routine traffic accident. Within weeks, however, it had developed into a far-reaching investigation involving weapons, fake identities, cyber fraud, money laundering and international criminal connections stretching from Thailand to Cambodia.

Read full article at Thai Examiner →

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