- Photo: The Nation/ANN
BANGKOK: US authorities allege Prince Group, led by Chen Zhi, orchestrated a US$15 billion online scam and money laundering scheme using Thailand as a base, while Prince International denies any connection.
Thai PBS and BBC Thai reported, citing a draft US law establishing a joint task force to combat transnational crime targeting Americans, that at least US$10 billion (around 320 billion baht) has been lost by US citizens to online scams centred in several Southeast Asian countries.
