Chen Zhi’s firm breaks silence, denies tycoon’s empire built on scam money

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A Cambodian conglomerate whose founder has had more than US$15 billion of allegedly ill-gotten assets seized said it “categorically rejects” claims he amassed his fortune running an internet scam empire.A frenzy of asset confiscations in Europe, the United States and Asia has targeted Cambodia’s Prince Holding Group – with authorities alleging its founder Chen Zhi was running a transnational criminal organisation.The US Justice Department in October unsealed an indictment against the tycoon,...