Fuente: Tobacco Reporter Lugar: Around the Industry Billionaire businessman Chen Zhi was extradited by Cambodia to his native China following his arrest over an alleged multibillion-dollar cryptocurrency scam tied to human trafficking and forced labor, a case underscoring growing regulatory and enforcement risks across Southeast Asia’s consumer and logistics sectors. Cambodian authorities said Chen and two other Chinese nationals were detained yesterday (January 6) after a months-long transnational investigation and handed over to Chinese officials.



Chen Zhi is believed to have extensive ties to the cigar and tobacco industry, owning or having owned stakes in companies such as Habanos S.A., Tabacalera USA, Tabacalera S.L., Tabacalera de García, and La Flor de Copán, among others, either directly or through shell corporations.



U.S. prosecutors previously charged Chen Zhi with orchestrating global online scams from Cambodia, leading to the seizure of roughly $14 billion in bitcoin, one of the largest financial crackdowns on record. His business empire, Prince Group—previously sanctioned by the U.K.—has denied involvement in scams.The post Habanos S.A. Co-Owner Extradited to China first appeared on Tobacco Reporter.