Singapore arrests US-sanctioned yacht captain linked to tycoon Chen Zhi
Police said Nigel Tang was arrested for his ‘suspected involvement in money laundering offences’ related to the alleged scam empire boss
Nigel Tang Wan Bao Nabil was taken into custody on December 11 after he returned to Singapore, according to a police statement on Thursday. Tang is currently out on bail, according to people familiar with the matter who asked not to be identified for sharing non-public information.
US authorities have indicted Chen, a China-born Cambodian citizen, and accused him of leading a transnational criminal ring that operated a network of scam compounds with enslaved workers.
Prosecutors alleged that Chen and his Prince Holding Group stole from victims of online “pig butchering” operations in the US and other countries, and laundered billions of dollars in illicit funds. The US said the 38-year-old is currently “at large”.
Tang, 32, is one of three Singapore citizens who were sanctioned by the US in October for their ties to Chen, the founder and chairman of Prince, the Cambodian conglomerate.