Side Case of Prince Group Scandal: Renowned Lawyer Detained for Money Laundering
The Taipei District Prosecutors Office, investigating the Prince Group money laundering case, found that a renowned lawyer surnamed Chang was suspected of involvement. On June 2, the Criminal Investigation Bureau and Xinyi Police Precinct conducted searches at 10 locations and detained lawyer Chang and five others. They were transferred to the Taipei District Prosecutors Office for questioning on June 3. The Prince Group, led by Chen Zhi, engaged in fraud in Cambodia and set up multiple companies in Taiwan for illegal gambling and money laundering, with a total amount of NT$10,790,765,905.37.
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- 📰 Published: June 3, 2026 at 13:31
- 🔍 Collected: June 3, 2026 at 13:36 (5 min after Published)
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(Central News Agency reporter Lin Changshun, Taipei, 3rd) The Taipei District Prosecutors Office, investigating the Prince Group money laundering case, indicted Chen Zhi and 62 others in March. Tracing the source, prosecutors found that a renowned lawyer surnamed Chang was suspected of money laundering. Yesterday, the Criminal Investigation Bureau and the Xinyi Police Precinct of the Taipei City Police Department conducted searches at 10 locations and detained lawyer Chang and five others. They were transferred to the Taipei District Prosecutors Office for further questioning today.
Prosecutors found that the Prince Group, led by Chen Zhi, engaged in fraud in Cambodia and established a vast corporate network in multiple countries for money laundering. Since 2016, Chen Zhi and others have established multiple companies in Taiwan for the Prince Group to operate illegal gambling and money laundering.
According to prosecutors, the total amount of money laundered by the Prince Group in Taiwan reached NT$10,790,765,905.37. In March of this year, Chen Zhi, the main suspect in Taiwan Wang Yutang, and 62 other defendants, as well as 13 companies including Tianxu, were indicted for violating the Organized Crime Prevention Act, Money Laundering Control Act, Business Accounting Act, Criminal Code gambling, and document forgery. The case is currently being heard by the Taipei District Court.
Tracing the source, investigators identified money laundering service providers and shell companies that cooperated with the Prince Group's Taiwanese companies, and also found that a renowned male lawyer surnamed Chang was involved. Chang had previously been indicted for leaking investigation secrets to drug traffickers.
Yesterday, the Taipei District Prosecutors Office directed the Criminal Investigation Bureau and the Xinyi Police Precinct of the Taipei City Police Department to search 10 locations, including the residences and companies of lawyer Chang and other defendants, and detained lawyer Chang and five others. They were transferred to the Taipei District Prosecutors Office at noon today for questioning on charges of violating the Money Laundering Control Act. (Editor: Zhang Mingkun) 1150603
Prosecutors found that the Prince Group, led by Chen Zhi, engaged in fraud in Cambodia and established a vast corporate network in multiple countries for money laundering. Since 2016, Chen Zhi and others have established multiple companies in Taiwan for the Prince Group to operate illegal gambling and money laundering.
According to prosecutors, the total amount of money laundered by the Prince Group in Taiwan reached NT$10,790,765,905.37. In March of this year, Chen Zhi, the main suspect in Taiwan Wang Yutang, and 62 other defendants, as well as 13 companies including Tianxu, were indicted for violating the Organized Crime Prevention Act, Money Laundering Control Act, Business Accounting Act, Criminal Code gambling, and document forgery. The case is currently being heard by the Taipei District Court.
Tracing the source, investigators identified money laundering service providers and shell companies that cooperated with the Prince Group's Taiwanese companies, and also found that a renowned male lawyer surnamed Chang was involved. Chang had previously been indicted for leaking investigation secrets to drug traffickers.
Yesterday, the Taipei District Prosecutors Office directed the Criminal Investigation Bureau and the Xinyi Police Precinct of the Taipei City Police Department to search 10 locations, including the residences and companies of lawyer Chang and other defendants, and detained lawyer Chang and five others. They were transferred to the Taipei District Prosecutors Office at noon today for questioning on charges of violating the Money Laundering Control Act. (Editor: Zhang Mingkun) 1150603