A Bugatti Chiron Sport is displayed prior to an auction of luxury cars linked to the Cambodia-based Prince Group in Taipei, Taiwan, on March 2, 2026. The local investigation uncovered NT$10.7 billion (US$337 million) in laundered funds, most of which entered Taiwan through foreign currency remittances from 2016 to 2025, it said. Prince Group has denied the US and UK allegations, called them baseless and said they were an attempt to justify “the unlawful seizure of assets worth billions of dollars”. They said the scale of the alleged crimes and the harm caused were “exceptionally severe.”Of the laundered funds they identified, the prosecutors have seized assets valued at over NT$5.5 billion. She was among those sanctioned by the US, and is also one of the individuals Taiwan is indicting.

Source: Bangkok Post March 04, 2026 16:22 UTC