Chen Zhi, a prominent business figure in Cambodia and founder of the Prince Group, has been indicted by the U.S. Department of Justice as the mastermind behind a transnational telecom fraud scheme. Authorities have seized over 120,000 Bitcoins from Chen, who is originally from Lianjiang, Fujian, China. Chen, who began his career in internet cafes in Guangdong and Jiangsu, expanded his ventures into data transmission and social networking before establishing the Prince Group in 2015. The group quickly became one of Cambodia's largest enterprises, with interests in real estate and finance. Despite his business success and receiving a lordship title in Cambodia, Chen now faces serious legal challenges.