Prince Group is a Chinese secret police base in Taiwan

 Direct translation

Trump's pursuit of a fraud ring leader accidentally reveals a Chinese secret police base in Taiwan

Reporters : Zeng Yihao, Lin Jiawei and Tang Jie'an / https://www.ntdtv.com/gb/2025/10/16/a104030244.html / Images : Video Screenshots

The U.S. and the UK jointly launched sanctions to combat a transnational fraud network. Chen Zhi, chairman of the Cambodia-based Prince Group, was indicted by the U.S. Department of Justice, and nine Taiwanese companies were also added to the sanctions list. Chen Zhi's past presence in Taiwan was also exposed. His company is located in the Bo'ai Special Economic Zone, a key political hub in Taiwan, on the same street as the Presidential Palace. A review of past reports has also unexpectedly revealed a hidden base for Chinese secret police in Taiwan.

NTD reporter Tang Jie'an: "Prince Real Estate Investment Company, the Taiwanese headquarters of the Prince Holding Group, which is under U.S. sanctions, was located on Chongqing South Road in Taipei until May last year, less than 300 m from the Presidential Office Building of the Republic of China."

The locked door still bears the Prince Group company sign. On the same avenue as the Presidential Office Building, a Cambodian transnational criminal network's headquarters is hidden. Chen Zhi, the ringleader indicted by the U.S., even lived in Taiwan and visited the country at least 10 times. Some of the nine Taiwanese companies on the sanctions list were once registered on Chongqing South Road in Taipei.

Tang Jie'an: "Every once in a while, someone comes here to collect mail. Media reports indicate that Prince Group's criminal boss, Chen Zhi, once lived in Taiwan and visited at least ten times. Some of the recipients here are Chen Zhi."

Chen Zhi, currently on the run, founded this fraud empire, now subject to joint sanctions by the UK and the US, in Cambodia in 2015. A native of Fujian, China, his whereabouts in Taiwan have been uncovered, prompting netizens to call it "terrifying." Although the registered addresses of nine Taiwanese companies have been transferred to Da'an District, Prince Group has not abandoned its base in the Bo'ai Special Economic Zone. The timing of the company's move also suggests a hidden agenda, as it only vacated the premises after this report last year.

Eric, a former agent with the Political Security Bureau of the Chinese Ministry of Public Security (May 2024): "I worked in the Chinese Communist Party's political security department for 15 years. As my front company, the secret police arranged for me to work as their planning director for a real estate company affiliated with them. This company actually had very close ties with the Chinese Communist Party's secret police. Their top boss certainly knew who I was and what my mission was."

In 2024, a former Chinese Communist Party agent who fled to Australia revealed that he had served as the director of Prince Real Estate in Phnom Penh, using this as a cover for the secret police's transnational repression. He also planned to kidnap the Chinese dissident "Bizarre Chili Pepper" from Taiwan.

Cartoonist "Bizarre Chili Pepper" Wang Liming (May 2024): "They have a backup plan in Taiwan. If I decide to go to Taiwan, they have connections with the Prince Group's branch in Taiwan, and they can abduct me from Taiwan and take me to the high seas."

The news sparked discussion online, with some claiming that this was essentially an overseas secret police station based in Taipei. The U.S. indictment also alleges that the Prince Group colluded with the Chinese Ministry of State Security and the Ministry of Public Security. Chen Zhi even boasted that the Ministry of State Security would leak intelligence on law enforcement operations to him in exchange for bribes.

Mainland Affairs Council Vice Chairman Liang Wenjie stated: "Regarding the Prince Group, I believe the prosecutors, investigators, and national security agencies will soon conduct a thorough investigation. Currently, many mainland Chinese individuals have used various methods to obtain Cambodian passports and then attempt to enter Taiwan using Cambodian identities."

The Mainland Affairs Council emphasized that it will pay special attention to Chinese nationals in Cambodia visiting Taiwan. Regarding the criminal network exposed by the U.S. Treasury Department, a Canadian investigative report pointed out that Chen Zhi had ties to the Chinese United Front Work Department. The three Taiwanese individuals involved in the case assisted in the Palau operations, infiltrating Taiwan's allies through shell companies and leasing land near U.S. military facilities.

Is China's top prince on the run? Betrayed by his own country, surrounded by undercover FBI agents

Editor : Fang Xun / Source: People's Daily / https://www.aboluowang.com/2025/1019/2293226.html

Chen Zhi, whose prince is he? Or, in other words, whose illegitimate son is Chen Zhi? Who betrayed Chen Zhi? How much money was lost in the Bitcoin contract liquidation? Chen Zhi was born in 1987 and claims to be from Lianjiang County, Fuzhou. He went to Cambodia in 2009, at the age of 22, and founded the Prince Group in 2015, at the age of 28. He now holds dual British and Cambodian citizenship. Cambodia is China's junior partner, and Chen Zhi serves as an advisor to Prime Minister Hun Sen and his son, Hun Manet... This is no ordinary online fraud ring leader but the illegitimate son of a top official.

Who betrayed Chen Zhi? This has to start with Guo Wengui. Although Guo Wengui is portrayed as a "super genius," his actions betray his low intelligence. As soon as Guo Wengui arrived in the United States, he was actually targeted by the FBI. The most darkly humorous thing is that the core members around Guo Wengui are all undercover American agents, which is extremely ridiculous. For example, translator Kailin is a former FBI agent, and the bank manager is also an undercover FBI agent. Chen Zhi's situation is similar to Guo Wengui's.

Three factors contributed to the downfall of Chen Zhi's online fraud: First, Chen Zhi's father's position was unstable and he was betrayed by the Hun Sen family. Evidence and details will be provided later. Second, 99.99% of Chen Zhi's core partners were FBI agents, as seen in the Guo Wengui case. Chen Zhi used two platforms for money laundering, one in mainland China and the other in the Seychelles. Third, the FBI discovered schematics on Chen Zhi's electronic devices documenting his money laundering process, which became key evidence linking him to the Bitcoin involved in the case. The electronic ledgers confirmed Chen Zhi's money laundering route.

Currently, the New York prosecutor's office has filed an indictment against Chen Zhi, charging him with multiple crimes, including online fraud, bribery, and money laundering. If convicted on all counts, he faces a 40-year prison sentence. However, Chen Zhi remains at large. Where could he be hiding? Chen Zhi owns two listed companies in Hong Kong. According to investigative documents from US and UK authorities, Asia Finance allegedly engaged in cross-border fraud and money laundering through these listed companies, resulting in the freezing of related assets.

Many unscrupulous traders were misled and suffered a $19.2 billion liquidation on the 11th. If it were less than $20 billion, Bitcoin would not have plummeted so dramatically under Wall Street's control. The claim that over $70 billion in positions were wiped out from the futures market is reasonable. This civil forfeiture action is the largest in the history of the U.S. Department of Justice (DOJ), involving 127,000 bitcoins worth $15 billion. Is this legal for the UK and U.S.? Yes.

Chen Zhi is just an appetizer. Bigger things are to come.