Top Glove Executive Arrested in Japan for Falsifying Address Report

BlockBeats News, June 22, according to Kyodo News, the Tokyo Metropolitan Police Department arrested three men, including a person believed to be a senior member of the Cambodia-based multinational telecom fraud organization "Prince Group," on charges of making false records on an electronic notarization and submitting a false residence report. The arrested key figure is said to have multiple nationalities, use multiple names including "Chen Xiaoer," and law enforcement officers revealed his true identity as "Hu Shi" (phonetic translation), born in China, holding a Cypriot passport, 44 years old, and was arrested on the 14th.

Prior to this, the British government imposed sanctions on Hu Xiaowei, closely associated with Prince Group's founder Chen Zhi, on March 26, identifying him as Chen Zhi's "long-term collaborator," with their relationship dating back to the private server period of "Legend of Mir," and later jointly establishing multiple companies at home and abroad. The governments of the United States and the United Kingdom both have designated Prince Group as the largest criminal organization in Asia and have imposed economic sanctions on it.

Chen Zhi, the founder of Prince Group, is from Fuzhou, Fujian Province, born in a fishing village, dropped out of junior high school, started out as a hacker, went to Cambodia in 2011, obtained Cambodian citizenship in 2014, founded Prince Group in 2015, and built it into one of the world's largest single online fraud networks, with an estimated net worth of several billion U.S. dollars.In October 2025, the United States and the United Kingdom announced indictments and seized about $15 billion in Bitcoin. In January 2026, Chen Zhi was stripped of Cambodian citizenship and extradited back to China for investigation.