SINGAPORE, Oct. 20 -- Singapore and Thailand have launched investigations into a Cambodian real estate conglomerate following sweeping fraud and money laundering allegations against its chairman, Chen Zhi - charges that have triggered international asset seizures and sanctions.

According to Bloomberg, Singapore police confirmed over the weekend that they are "looking into the case" involving Prince Holding Group and are "in contact with authorities in other countries."

The move comes after the United States and the United Kingdom sanctioned Chen, accusing him of masterminding a "sprawling cyber fraud empire" that exploited forced labour and generated vast illicit profits.

In Thailand, officials are coordinating with US counterparts to ...