Chen Zhiquan, accused by U.S. authorities of leading a transnational internet fraud empire, has invested in 12 domestic companies, with four now cancelled and one revoked. The largest investment is in Chongqing Qu Su Infinite Equity Investment Fund Management Co., Ltd., which remains active despite its private fund qualification being revoked in December 2022. Chen holds a 70% stake in the company, which was established in 2015 with a fund size of 500 million RMB. Domestic authorities have been investigating Chen's activities since 2020, with the Beijing Public Security Bureau forming the 5.27 Task Force to probe the 'Cambodia太子 Group' for transnational online gambling crimes. In 2023, the Wangcang Court in Sichuan Province tried a related case involving a 5 billion RMB online gambling operation linked to Chen's group.