SINGAPORE: The police have named two Chinese nationals under investigation as part of a wider probe into transnational scam syndicate Prince Holding Group.
The police said on Wednesday (Jun 23) that they are investigating Hu Xiaowei, 44, his associated company Future Oasis and Qui Wei Ren, 38, for money laundering offences.
“Hu Xiaowei holds passports issued by Cyprus, Saint Kitts and Nevis, and Hong Kong. The police had previously seized assets held across his bank and securities accounts in Singapore in January 2026,” said the Singapore Police Force (SPF) in a news release.
Qiu holds passports issued by Cambodia and Saint Kitts and Nevis, it added.
Investigations into Cambodia-based 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.
Chen Zhi was reportedly arrested in Cambodia in January and extradited to China at the request of the Chinese authorities.
“Both Hu Xiaowei and Qiu Wei Ren had left Singapore prior to the commencement of police’s operations in October 2025, and are currently not in Singapore,” said SPF.
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