The Business Times

Crime

Companies & Markets

More jail time for former KTL Global chief executive Tan Kheng Yeow

Both men, aged 44, were arrested by the Anti-Scam Command officers upon their arrival in Singapore, said the police.
Singapore

2 Singaporean men deported from Thailand, Cambodia to be charged with alleged scam-related offences

Authorities allege Prince Group’s founder Chen Zhi was running a transnational criminal organisation.
International

Cambodia’s Prince Group denies link to scams after asset seizures

Su Binghai had purchased nine luxury central London apartments for $27 million just one week after he fled Singapore.
Singapore

S$3 billion money laundering case: Two suspects on the run spent S$70 million on UK properties

Motorists in Phnom Penh ride past a branch of Prince Bank, a commercial bank under Prince Holding Group. US authorities describe the conglomerate as one of Asia's largest transnational criminal organisations.
ASEAN Business

US sanctions three Singaporeans in global fraud takedown tied to Cambodian scam empire

Dinosaur fossils are displayed at auction house Christie's in London. British authorities have seized rare dinosaur bones worth millions of pounds from Singapore-based businessman Su Binghai.
International

Britain seizes dinosaur bones from Singapore-based businessman Su Binghai in crime proceeds case

Singapore-headquartered Khoon Group says Ang Kok Kwang and Ang Jui Khoon have resigned to “devote more time to (their) personal and other business commitments”.
Singapore

Singaporean father-son duo step down as Khoon Group directors following US sanctions over alleged cybercrime links

Besides Singapore, other authorities in Asia are now probing Chen Zhi and his network.
Global Enterprise

How sanctioned Prince Group founder Chen Zhi built an empire from Cambodia to London

Under the Companies Act 1967, individuals found guilty of failing to obtain proper consent documentation for director appointments may be fined up to S$5,000 or jailed up to 12 months.
Singapore

Three individuals fined S$105,500 for false declarations, consent lapses

Assets including a yacht, 11 cars and multiple bottles of liquor were also subjected to prohibition of disposal orders.
Singapore

Police seize over S$150 million cash, assets linked to Prince group in Cambodian scam

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