S'porean woman, 44, linked to Cambodia-based scam syndicate Prince Holding Group arrested & charged
To date, the Singapore police has seized or frozen more than S$700 million in assets linked to the syndicate.
A 44-year-old Singaporean woman, identified as Chen Xiuling, also known as Karen Chen, was arrested at Changi Airport on November 5. She has been charged with two offenses: instigating another person to falsify accounts and attempting to cheat. Chen is alleged to be the director of several Singapore-registered companies owned by Prince Holding Group's founder and chairman, Chen Zhi.
She is accused of submitting false documents related to two of these companies, Skyline Investment Management Pte Ltd and Capital Zone Warehousing Pte Ltd. According to the police, Chen allegedly submitted a falsified business plan and agreement to JTC Corporation in September 2022, intending to defraud them. She has been charged with this offense as well.
The Singapore Police Force seized over S$150 million in assets linked to Prince Holding Group in October 2025, and the total seized or frozen assets related to the syndicate to date is over S$700 million. The prosecution has sought a six-day remand for Chen to investigate further, citing the possibility of communication with other individuals associated with Prince Holding Group.
If found guilty, Chen could face up to 10 years in prison and a fine for instigating falsification of accounts, or up to 10 years in prison and a fine for attempted cheating.
Written by urgent.news from Mothership's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
