In an indictment unsealed Tuesday, Brooklyn federal prosecutors charged Prince Holding Group chairman Chen Zhi with wire fraud conspiracy and money laundering conspiracy. Chen, a native of China who is also known as “Vincent,” remained at large as of Tuesday…

According to Chen’s indictment, Prince Holding Group built at least 10 compounds in Cambodia where workers — often migrants held against their will — were forced to contact thousands of victims through social media or online messaging platforms, build rapport and entice them to transfer cryptocurrency with hopes of big investment returns.

The compounds functioned as forced labor camps, with dormitories surrounded by high walls and barbed wire fences, and automated call centers with hundreds of mobile phones lined up on racks controlling tens of thousands of fake social media profiles, prosecutors said. One compound was associated with Prince Holding Group’s Jinbei Casino Hotel. Another was known as “Golden Fortune.”

In 2023, the United Nations estimated around 100,000 people were being forced to carry out online scams in Cambodia, as well as at least 120,000 in Myanmar and tens of thousands in Thailand, Laos and the Philippines.