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news Scmp World 2026-04-07

US advised to cooperate with China to counter scam syndicates

Following China's cybercrime offensive in Southeast Asia, Cambodia extradited a former chairman of Huione Group to China. The US had previously sanctioned the group for laundering millions from cyber scams.


On April 1, amid China’s cybercrime offensive in Southeast Asia, Cambodia extradited to China Li Xiong, former chairman of Huione Group, which had been severed from the US financial system last year for laundering at least US$336 million from cyber scams between 2021 and 2025. The US had also sanctioned Huione’s parent company, Prince Group, and indicted founder Chen Zhi. In January, Cambodia extradited Chen to China, securing the arrest of a man accused of being Cambodia’s biggest scam...

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