On January 6, 2026, Chen Zhi, Chinese-born founder of Prince Group, was arrested in Cambodia for multibillion-dollar fraud and money laundering schemes, in a joint operation between Chinese and Cambodian authorities.
The case follows a trail of illegal funds flowing through Taiwan to overseas investments, raising alarms about how organized crime is undermining regional security. Authorities say over US$340 million was laundered through Taiwan, with around US$180 million in assets seized, from luxury real estate to designer goods and high-end vehicles.
So why is Taiwan watching this case closely? And what could it mean for the country’s national security?
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Reporter: Alan Lu
Producers: Alec MacDonald/Isabel Wang
Videographer: Devin Tsai
Video Editor: Alison Nguyen
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