Feds Seize Record-Breaking $15 Billion in Bitcoin From Alleged Scam Empire

In the past Five years, criminals behind widespread romance and investment scandal – often Unintestrated “As mentioned asPig slaughter” – stolen Several billion From people around the world. Now law enforcement has operated one of its largest operations against the broad scandal industry that targets a number of its operators Scandal In Southeast Asia – where overall, thousands of human trafficking are forced to conduct fraud activities for criminal parties.

On Tuesday, the United States and the United Kingdom officials have taken integrated measures against a giant Cambodian company and its boss who complained that multiple notorious scandal centers were operated in the country. The US Treasury Department’s Foreign Resources Control Office (ofc) Declaration It has issued financial sanctions against the 146 “target” associated with the newly nominated Prince Group Transnational Criminal Agency. This step includes aimed at the persons associated with the accused criminal initiative and the shell companies. As part of the broom action associated with the FBI, the US Judicial Department (DOJ) also has Seized At the time of the announcement, about 5 Bitcoin is worth about $ 1 billion – the largest US cryptocurrency so far.

The Prince Group has organized crime entity, OFAC, that the Prince Holding Group, a Cambodia -based company, its chairman and CEO consisting of Chen Jhi and its associates and business partners. Publicly Description It itself is “one of the largest companies in Cambodia” and says that it is involved in real estate development and financial services. However, the DOJ Complaint That “secretly” chain and other executives “turned the Prince Group into one of the largest transnational criminal organizations in Asia” and carried out at least 10 scandal compounds across Cambodia.

“According to the complaint, the largest investment in the history of the democratic history conducts fraudulent activities, encouraging an illegal industry that reached the epidemic,” the US Attorney Joseph Junior in the eastern district of New York said, ” In a statementThe “Prince Group’s investment scandal has caused billions of dollars to suffer the victims around the world.” Chen was not arrested and remained larger, said the DOJ.

“Masterminds behind these horror scandal centers are wasting weak people’s lives and bought London home to save money,” British Foreign Secretary Yavet Cooper A. StatementThe The UK also had financial sanctions on chain, Prince Group and other links. The UK sanctions are linked to Chen in London, Million in North London is alleged to have “frozen” businesses and properties with a Million 12 million ($ 13 million) office building in London City.

Prince Holding Group website returns immediately to any address listed as media contact.