Singapore's Monetary Authority Investigates 'Prince' Group's Chen Zhi-Related Family Office DW Capital Holdings

Blockbeats2025-10-26

BlockBeats News, October 26th, according to foreign media reports, a Singaporean family office has once again become the focus due to a major fraud case involving the Prince Group in Cambodia. The ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2578684379?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-10-26 09:59","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2578684379","market":"other","top_or_hot":-1,"title":"Singapore's Monetary Authority Investigates 'Prince' Group's Chen Zhi-Related Family Office DW Capital Holdings","media":"Blockbeats","content":"<div>\n<p>BlockBeats News, October 26th, according to foreign media reports, a Singaporean family office has once again become the focus due to a major fraud case involving the Prince Group in Cambodia. The ...</p>\n\n<a href=\"https://www.theblockbeats.info//en/flash/317782\">Source Link</a>\n\n</div>\n","source":"theblockbeats_live","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore's Monetary Authority Investigates 'Prince' Group's Chen Zhi-Related Family Office DW Capital Holdings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore's Monetary Authority Investigates 'Prince' Group's Chen Zhi-Related Family Office DW Capital Holdings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-10-26 09:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theblockbeats.info//en/flash/317782><strong>Blockbeats</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BlockBeats News, October 26th, according to foreign media reports, a Singaporean family office has once again become the focus due to a major fraud case involving the Prince Group in Cambodia. The ...</p>\n\n<a href=\"https://www.theblockbeats.info//en/flash/317782\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6052","symbol_name":"资产管理与托管银行","start_time":0,"source_url":"https://www.theblockbeats.info//en/flash/317782","article_id":"2578684379","we_media_id":null,"thumbnails":[],"rights":{"source":"theblockbeats_live","url":"https://www.theblockbeats.info//en/flash/317782","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2578684379","pubTimestamp":1761443940,"columns":[],"sourceInfo":{"source_id":"theblockbeats_live","name":"Blockbeats快讯"},"weMediaInfo":null,"summary":"BlockBeats News, October 26th, according to foreign media reports, a Singaporean family office has once again become the focus due to a major fraud case involving the Prince Group in Cambodia. The hea","collect":0,"end_time":0,"defaultTopTitle":"theblockbeats.info","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6052":"资产管理与托管银行","BK6512":"房地产股","BK6025":"食品分销商","5SY.SI":"亿高有限公司"},"translate_title":"新加坡金融管理局调查“太子”集团陈志相关家族办公室DW Capital Holdings","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"5SY.SI":1.5},"content_text":"BlockBeats News, October 26th, according to foreign media reports, a Singaporean family office has once again become the focus due to a major fraud case involving the Prince Group in Cambodia. The head of the Prince Group, Chen Zhi, established a Singapore company, DW Capital Holdings (DWC), in 2018 to manage the family office assets, claiming to manage assets worth over 60 million Singapore dollars.The company claims to meet the conditions of the Monetary Authority of Singapore's 13X program and enjoys tax exemptions. Its managed assets include 10 million Singapore dollars in car financing, 30 million Singapore dollars in boutique brewing, and approximately 20 million Singapore dollars in yacht management and other ancillary services. Currently, the Monetary Authority is investigating whether the company has violated any regulations.On October 14th, the United States sought to seize 127,271 bitcoins (around 12 billion US dollars) related to a transnational \"pig slaughter\" scam operated by Cambodian citizen CHEN ZHI. The U.S. Office of Foreign Assets Control (OFAC) has imposed comprehensive sanctions on 146 targets within the Prince Group Transnational Criminal Organization (Prince Group TCO). The organization is based in Cambodia and is led by Cambodian citizen Chen Zhi, operating a transnational criminal empire through online investment scams targeting the United States and other regions globally.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2578684379","isCrawlerRequest":true}