TAIPEI (TVBS News) — Taiwan's National Police Agency (NPA, 警政署) briefed legislators Monday (Oct. 20) on international crime syndicate threats after Cambodia-based Prince Holding Group (太子集團) founder Chen Zhi (陳志) entered Taiwan ten times before 2022. The Legislative Yuan's (立法院) Internal Affairs Committee summoned officials to discuss national security strategies against foreign criminal organizations.
Democratic Progressive Party (DPP, 民進黨) legislator Huang Jie (黃捷) questioned Chen's activities involving nine Taiwanese companies and three individuals on sanctions lists. Director-General Chang Jui-hsing (張榮興) confirmed the NPA contacted the FBI while Taipei District Prosecutors Office investigates, emphasizing Taiwan can monitor such cases and crack down on fraud.
Chang clarified Chen's last Taiwan entry occurred before 2022, with U.S. Department of Justice and Treasury Department leading the sanctions effort. International authorities seized approximately US$15 billion (around NT$458 billion) in bitcoin from Chen during the global crackdown. ◼ (At time of reporting, US$1 equals approximately NT$30.5)