SINGAPORE: Three Singaporeans have been arrested in the past few months in connection with investigations into transnational scam syndicate Prince Holding Group, the Singapore Police Force (SPF) said on Tuesday (Mar 3).
Investigations into Prince Holding Group’s founder and chairman Chen Zhi, his associates and related companies began in 2024, culminating in October 2025 when police mounted island-wide operations against them.
More than S$150 million (US$117 million) in assets, including a yacht, 11 cars and bottles of liquor were seized or placed under prohibition of disposal orders then, though no arrests were made at that time as Chen Zhi and his associates were not in Singapore.
