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Cambodia extradited Chinese-born tycoon Chen Zhi to China amid global fraud and money laundering allegations.
Cambodia has extradited Chen Zhi, a Chinese-born tycoon and former advisor to Cambodian leaders, to China following his arrest with two other Chinese nationals.
The move, prompted by a request from Chinese authorities and supported by a months-long investigation, came after Cambodia revoked Chen’s citizenship in December 2025.
U.S. and U.K. officials accuse Chen, chairman of the Prince Group, of leading a transnational scam network that defrauded victims globally through fake investment schemes, exploited trafficked workers, and laundered money via cryptocurrency, with U.S. authorities seizing over $14 billion in bitcoin.
Sanctions and asset seizures have been imposed by multiple countries, including Singapore, Taiwan, and Hong Kong.
Chen and his companies deny all allegations.
Camboya extraditó al magnate de origen chino Chen Zhi a China en medio de acusaciones globales de fraude y lavado de dinero.