Singapore police arrest three suspects related to the Prince Group's fraud and money laundering case, confiscating a total of 500 million Singapore dollars in assets.

The Singapore Police Force released a statement on March 3 stating that they had arrested three Singaporeans suspected of being involved in money laundering related to the transnational fraud group Jho Low's Group from November last year to January this year, and had issued an arrest warrant for another Singaporean woman, Tan Xiuling. The statement said that the three arrested Singaporeans were related to the ongoing investigation into the Jho Low Group in Cambodia, the group's founder and chairman Tan Zhi, Tan Zhi's associates, and related companies. They are Chen Youjie, Deng Wanbao, and Yang Xinfat. The police also issued an arrest warrant for the 43-year-old woman Tan Xiuling, who is suspected of instigating others to create false accounts and attempting to commit fraud. The police stated that additional freezing orders have been issued for three properties, eight cars have been seized, and assets such as cash, bank and securities accounts, luxury bags, and watches have been seized, totaling approximately 350 million Singapore dollars. So far, assets related to this case that have been seized or frozen amount to over 500 million Singapore dollars.