Taiwanese prosecutors have indicted 62 people over their alleged links to Prince Group, a network designated as a transnational criminal organization by the U.S. Department of Justice.
According to a report by Reuters, those indicted include the group’s chairman and alleged mastermind Chen Zhi, who was arrested in Cambodia and extradited to China earlier this year.Thirteen companies were also charged with offenses, including “initiating, directing, manipulating, and commanding a criminal organization.” Prosecutors in Taipei allege that the group funneled illicit funds through Taiwan to “conceal and disguise the source and flow of the criminal proceeds.”
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Source: Yahoo News
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