08:19
"BCH Group" Chen Zhi was exposed for purchasing a luxury house in Japan and establishing 3 companies, with the price of the second-hand houses in the purchased community being approximately 10.33 million USD.
PANews reported on November 18 that according to Elephant News, Chen Zhizeng, the chairman of the "太子集团" in Cambodia, attempted to obtain long-term residency by establishing a company in Japan and purchased a luxury house in a high-end residential area in Tokyo. In recent years, the "太子集团" has established three related companies in Japan, including the consulting firm Prince Japan founded in 2023, the real estate company Canopy Sands Development Japan Co. founded in 2024, and a company set up by Chen Zhizeng himself in 2022. These companies have held seminars to promote high-end real estate projects in Cambodia, suspected of using criminal proceeds for development and laundering money through sales.
According to reports, Chen Zhi's initial residence was registered near the headquarters of the Prince Group in Phnom Penh, Cambodia, and was changed in 2024 to a luxury apartment in Minato, Tokyo. It is reported that the apartment covers an area of over 150 square meters, monthly
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