Prince Group probe identifies Chen Xing as co-conspirator
HK01 · 1 SOURCESabout 1 hour ago2 MIN
Summary
A joint investigation by OCCRP and The Straits Times identified Chen Xing, also known as Chen Sokly, as “Co-conspirator-2” in a US indictment against Prince Group founder Chen Zhi. The report says he oversaw risk control for the group, while also building a web of related companies across Cambodia, Singapore, the United States, Hong Kong and Mauritius
Key Points
- The US indictment described “Co-conspirator-2” as a Prince Group enforcer who used corruption and violence to preserve the group’s dominance in scam operations and bribed Chinese officials
- The same filing cited him as saying Prince Group earned US$30 million a day in 2018 from pig-butchering fraud and related illegal activities
- Born in Shanghai in 1986, Chen was naturalised as a Cambodian citizen in late 2017, changed his English name to Chen Sokly, and held Cambodian and Cypriot passports
- He served as a director of multiple Prince-linked companies, used the name Martin Chen at Sunseeker Asia events in Singapore, and set up Awesome and M Capital entities in several jurisdictions
- A Wowstar Entertainment unit linked to Chen invested in the 2020 Hong Kong film Shock Wave 2 and was also involved in concerts and television entertainment projects in Hong Kong and Taiwan
Why It Matters
For Hong Kong readers, the case draws a clearer line between an alleged transnational fraud network and business activity that reached the city through company registrations and entertainment financing. It also raises further scrutiny over how capital linked to sanctioned or accused figures may have moved through Hong Kong-connected corporate and cultural ventures