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Crime & JusticeπŸ‡ΈπŸ‡¬ πŸ‡°πŸ‡­ +11 sourcesΒ· Jun 23

Singapore probes 2 men in Prince Group case, seizes $600 million

What's new: US sanctions named Qiu Wei Ren and a Singapore-linked company, while both men are now outside Singapore.

Singapore police are investigating two Chinese nationals for alleged money laundering tied to Cambodia-based Prince Group, a scam syndicate already under a wide cross-border probe. Authorities identified the men as Hu Xiaowei, 44, and Qiu Wei Ren, 38, and said both left Singapore before police operations began in October 2025. The Singapore Police Force said assets linked to the case now exceed S$600 million, including three properties, a yacht, luxury cars, cash and financial accounts. Hu and his associated company Future Oasis are part of the probe into Prince Group founder Chen Zhi, his associates and related companies. Qiu was identified through cooperation with international partners, including US law enforcement, after the latest US sanctions action.

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Singapore probes 2 men in Prince Group case, seizes $600 million β€” Veloxia Global News