Prince Group controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2026
Reported arrest of Chen Zhi and liquidation order for Prince Bank
Reference material reports Chen Zhi's arrest and extradition from Cambodia and a central-bank order to liquidate Prince Bank.
2025
Sanctions over alleged scam-center and online-fraud activity
The United States and United Kingdom sanctioned Prince Group and Chen Zhi over alleged involvement in scam centers and online fraud.
2025
International asset-freezing and seizure actions
Authorities in the United States, Hong Kong, and Singapore reportedly froze or seized cryptocurrency, real estate, vehicles, and other assets linked to investigations involving Prince Group and associates.
2022
Alleged illegal-gambling profits
A Sichuan court proceeding reportedly alleged that Prince Group had profited substantially from illegal gambling. A spokesperson denied the allegations and disputed the group's relationship with Jinbei Group.
2020
Investigation into alleged gambling and money laundering
Chinese authorities reportedly investigated alleged connections involving Prince Group, online gambling, and money laundering.