Hu Shi, linked to the Prince Group activities in Japan, was arrested on June 14 after being suspected of falsifying public records. Japanese police have linked Hu to Prince Group, an organization that managed one of the largest pig butchering scam centers in Cambodia.
Key Takeaways:
Hu Shi of Prince Group was arrested on June 14, further tightening global enforcement against pig butchering rings.In 2025, the DOJ launched a 127,271- bitcoin forfeiture action against Prince Group, its largest action ever.After the rise in pig butchering scams, FBI Director Kash Patel targets crypto criminals.Hu Shi, believed to be one of the managers of Prince Group, an organization that allegedly ran one of the largest “pig butchering” scam centers in Cambodia, was arrested on June 14 in Japan.
He stressed he had made this change to obtain permanent residency in Japan, but stated he left the details to his agent.
Japanese police believe that Hu, a Cyprus national, is one of the individuals affected by the Office of Foreign Assets Control (OFAC) designations issued in October 2025, when it labeled Prince Group as a Transnational Criminal Organization (TCO) alongside 145 targets.
At the time, it was the largest forfeiture action in the department’s history.
According to records, Hu is a representative director of a Tokyo-headquartered company whose capital grew sixfold in just three years.
