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Prince Group Founder Chen Zhi Arrested in Cambodia, Repatriated to China Amid Cross-Border Fraud Investigation
Chen Zhi, founder and chairman of Prince Group, has been arrested in Cambodia and repatriated to China for investigation, according to The Cambodia China Times, a Chinese media outlet operating in Cambodia. The detention represents a major development in a case that has attracted international attention over allegations of large-scale cross-border fraud and money laundering. Cambodian media reports indicated that Chen was taken into custody in Cambodia and transferred to Chin
3 hours ago


India Brings 49 Crypto Platforms Under National Reporting Regime
Indian authorities have successfully brought 49 virtual digital asset service providers into the country’s formal financial reporting system during the ongoing fiscal year, marking a decisive step in tightening oversight of the cryptocurrency sector. This development follows an intensive compliance drive led by the Financial Intelligence Unit, aimed at ensuring that all crypto-related platforms function within the framework of existing transparency and anti–money laundering l
3 hours ago


Taipei Prosecutors Unmask Billion-Dollar Gambling Laundering Network Hidden Behind Restaurant Front
Prosecutors in Taipei have concluded one of the most sweeping financial crime indictments in recent regional history, charging thirty-five people for their roles in an elaborate underground banking and gambling operation that funneled more than 30.6 billion New Taiwan dollars, roughly equivalent to $970 million USD, through sophisticated digital channels. At the center of the case is a man who publicly appeared to be running a well-known Hong Kong–style restaurant while cover
1 day ago
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Net New Loans in Cyprus Fall in November 2025 Amid Shifts in Interest Rates, Central Bank Reports
Net new loans in Cyprus declined in November 2025, according to a report released this week by the Central Bank of Cyprus. Specifically, net new loans fell to €256.3 million from total new loans of €565.2 million, compared with €429.4 million from total new loans of €624.9 million in October 2025. The Central Bank’s report also included statistical data on average interest rates applied by monetary financial institutions in Cyprus on deposits and loans to euro area residents


Opap Shareholders Approve Split and Cross-Border Transformation, Paving Way for Allwyn Merger
Opap shareholders have approved the company’s split and cross-border transformation plan in January 2026, clearing the path for the merger between Allwyn and Opap during the group’s 13th extraordinary general meeting, which saw participation from shareholders representing 80.12 per cent of the company’s paid-up share capital. All agenda items presented at the meeting were approved, with the required majorities secured, according to information provided to shareholders during


Prince Group Founder Chen Zhi Arrested in Cambodia, Repatriated to China Amid Cross-Border Fraud Investigation
Chen Zhi, founder and chairman of Prince Group, has been arrested in Cambodia and repatriated to China for investigation, according to The Cambodia China Times, a Chinese media outlet operating in Cambodia. The detention represents a major development in a case that has attracted international attention over allegations of large-scale cross-border fraud and money laundering. Cambodian media reports indicated that Chen was taken into custody in Cambodia and transferred to Chin


India Brings 49 Crypto Platforms Under National Reporting Regime
Indian authorities have successfully brought 49 virtual digital asset service providers into the country’s formal financial reporting system during the ongoing fiscal year, marking a decisive step in tightening oversight of the cryptocurrency sector. This development follows an intensive compliance drive led by the Financial Intelligence Unit, aimed at ensuring that all crypto-related platforms function within the framework of existing transparency and anti–money laundering l
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