Who is Chen Zhi, the ‘untouchable’ tycoon linked to Cambodia’s scam hubs?

Who is Chen Zhi, the ‘untouchable’ tycoon linked to Cambodia’s scam hubs?

US and UK authorities unveiled sanctions this week against Chen Zhi, a British-Cambodian tycoon accused of running cyber scam operations where workers, some trafficked, carry out transnational fraud schemes that have netted billions of dollars. Here’s a look at the man, indicted in the US, and his sanctioned company, Prince Holding Group. Who is Prince Group’s Chen Zhi? One of Cambodia’s largest conglomerates, Prince Holding Group, has operated across more than 30 countries with interests in...

South Korea, US edge closer to US$350 billion trade deal breakthrough

South Korea, US edge closer to US$350 billion trade deal breakthrough

Top Seoul officials are visiting Washington amid signs of major progress in tough trade negotiations, although analysts warn that a coerced deal could severely damage South Korea’s economy. Kim Yong-bum, policy chief of the presidential staff, and Industry Minister Kim Jung-kwan left for Washington on Thursday to join Finance Minister Koo Yun-cheol and Trade Minister Yeo Han-koo. The delegation plans to meet US counterparts to finalise details of South Korea’s US$350 billion investment...