Chen Zhi Associate’s Singapore asset trail exposes global network behind scam syndicate
A KEY associate of alleged scam kingpin Chen Zhi (pic) built a substantial financial and corporate footprint in Singapore while helping oversee the risk-control operations of a global criminal syndicate accused of generating billions of dollars thro...
Chen Zhi, an alleged mastermind in a global criminal syndicate involved in investment fraud and money laundering, had an associate in Singapore named Chen Xing, who later changed his name to Chen Sokly. Sokly was identified as the head of the syndicate’s risk-control operations and was in charge of monitoring law enforcement investigations and cultivating relationships with foreign officials.
He was reportedly in Singapore for two to three months each year and maintained a luxurious lifestyle. In 2017, Sokly bought an apartment in Singapore for $11 million. He later founded M Capital Global Holdings, a Singapore-based company where his wife remained a shareholder. By 2023, Sokly had also become the chairman of a Cambodian company, Awesome Global Investment Group, which was established by Chen Zhi.
The US indictment also alleged that Sokly used his influence to protect the interests of the Prince Group, communicated with a Chinese official offering protection for the group’s associates, and directed a Chinese official to extort businesses on behalf of the Prince Group.
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