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“He Deceived, Tortured, and Killed Koreans” — The Shocking Truth About Cambodia’s Prince Group Chairman

Recently, a terrifying story from Cambodia has been making headlines.
It’s about the Prince Group, once considered one of the most powerful business empires in Cambodia, and its mysterious chairman — Chen Zhi.
This man has now vanished, and what’s coming out about him is… downright chilling.


by Prince Group


 From Fujian, China — to the “Golden Boy” of Cambodian Business?

Chen Zhi was born in 1987 in Fujian, China.
Around 2010, he moved to Cambodia and started out running a small internet café business.
Then in 2015, he launched Prince Finance, a micro-lending company — which later grew into Prince Bank, now operating 31 branches across the country.

At first glance, it looks like your typical “self-made young entrepreneur” story, right?
But that’s just the surface.


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 From Banking to Casinos and Luxury Watches — But the Background Is Shady

The Prince Group quickly expanded into real estate, casinos (like Jinbei Casino), and even watchmaking (Prince Horology).
They also established the Prince Foundation, donating over 16 million dollars to charity projects, and built an image of a “philanthropic businessman.”

But behind that glossy PR image, there were deep ties with Cambodia’s political elite.


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 Political Connections: Advisor to Cambodia’s Most Powerful Leaders

In 2014, Chen Zhi obtained Cambodian citizenship.
Not long after, he began stacking up impressive titles —
becoming an “advisor” to former Deputy Prime Minister Sar Kheng, National Assembly President Heng Samrin, former Prime Minister Hun Sen, and even current Prime Minister Hun Manet.

He was even granted the prestigious title of Oknha — a national honor usually reserved for major donors or influential businessmen.
At one point, he reportedly provided a private jet for Hun Sen’s overseas trips.
In short — he wasn’t just a businessman. He was part of the inner circle.


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 $20,000 Luxury Watches and Casino Partnerships

During the 2022 ASEAN Summit, 25 luxury watches — each worth $20,000 — were gifted to attending leaders.
All of them were produced by Chen Zhi’s own company, Prince Horology.
Talk about perfect self-promotion.

He also co-owned a massive casino hotel in Sihanoukville with Sar Sokha, the current Interior Minister and son of former Interior Minister Sar Kheng.


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 The Truth Uncovered: “A Criminal Syndicate Running Online Gambling and Human Trafficking”

Things started falling apart around 2020.
A Chinese court labeled the Prince Group as an “evil international online gambling syndicate” that illegally earned over 5 billion yuan (about 950 billion KRW).

The U.S. Department of Justice also indicted Chen Zhi on charges of online financial fraud and money laundering —
if convicted, he could face up to 40 years in prison.
They even filed a lawsuit to seize over $15 billion worth of Bitcoin (about 127,271 coins) he allegedly owns.

Even worse — investigations revealed that the group was involved in scamming, torturing, and even killing foreigners, including Koreans.
Both the U.S. and U.K. have imposed sanctions on the Prince Group.


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 A Connection to Korea?

Reports recently surfaced that the Prince Group may have been operating offices or business fronts in South Korea.
Korean police announced they are reviewing the case for possible domestic ties.
This means — it’s not just a “foreign crime story.”
It could be linked to victims here, too.


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 Final Thoughts

This isn’t just about one corrupt billionaire.
It’s a window into how money, power, and human lives intertwine in the darkest corners of international crime.

Once hailed as “the future of Cambodia,”
Chen Zhi’s name now stands for greed, deceit, and unimaginable cruelty.
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