Alleged Chen Zhi associate Li Xiong extradited from Cambodia to China

An alleged core member of Chinese-Cambodian businessman Chen Zhi's online scam and money laundering operation, Li Xiong, was extradited from Cambodia to China, Chinese broadcaster CCTV reported on Wednesday, citing security officials.

Chen founded the Prince Group, a Cambodian conglomerate with fingers in everything from real estate to banking and airlines - and according to U.S. prosecutors, cryptocurrency investment fraud schemes that stole billions of dollars from victims worldwide. 

Reuters