Top Glove Executive Arrested in Japan for Falsifying Address Report

TOKYO, June 22 (Kyodo) — Tokyo Metropolitan Police have arrested three men, including an alleged senior figure of the Cambodia-based multinational telecom fraud organization Prince Group, on charges of falsifying electronic notarization records and submitting false residence reports. The key suspect, identified by law enforcement as Hu Shi (phonetic translation), is a 44-year-old Chinese-born individual who holds Cypriot citizenship and multiple nationalities, using aliases including “Chen Xiaoer.” He was arrested on June 14. Earlier, the British government imposed sanctions on Hu Xiaowei, a long-term collaborator of Prince Group founder Chen Zhi, on March 26. The pair’s relationship dates back to the era of private servers for the game *The Legend of Mir*, and they later co-founded multiple companies in China and other countries. Both the United States and the United Kingdom have designated Prince Group as the largest criminal organization in Asia and have imposed economic sanctions on it. Chen Zhi, Prince Group’s founder, is from Fuzhou, Fujian Province. Born and raised in a fishing village, he dropped out of junior high school, began his career as a hacker, moved to Cambodia in 2011, obtained Cambodian citizenship in 2014, and established Prince Group in 2015. Under his leadership, the group grew into one of the world’s largest dedicated online fraud networks, with an estimated net worth of billions of U.S. dollars. In October 2025, the U.S. and U.K. announced indictments against Chen Zhi and seized approximately $15 billion in Bitcoin. In January 2026, Chen Zhi was stripped of his Cambodian citizenship and extradited back to China for investigation.