Turns out the top cigars loved by crypto big shots are also controlled by Cambodia's telecom scam kingpin Chen Zhi: Caixin: Surprisingly, the group notorious for running 'pig-butchering scams,' telecom fraud, human trafficking, and forced labor also controls the global top-tier Cuban cigar company Habanos through a complex structure. And guess what? The brand's largest market is China. Famous cigar brands like Cohiba, Montecristo, and Partagás are all under this umbrella. A box of 20 Cohiba limited-edition cigars can cost over 300,000 yuan. Chen Zhi also controls two listed companies in Hong Kong: Zhihuida (http://01707.HK) and Kun Group (http://00924.HK). He made his first fortune by setting up private servers for pirated games. Later, Chen Zhi colluded with Taiwanese telecom scam groups to run scams in mainland China. As mainland authorities cracked down on telecom fraud, Chen Zhi moved to Cambodia, obtained Cambodian citizenship in 2014, and founded Prince Group. On the surface, it’s a real estate development company, but in reality, the parks he built became hubs for telecom scams. The funds illegally obtained by the scam group were also invested elsewhere, forming a hidden chain: extracting money from victims in Southeast Asia scam parks, laundering it through high-end consumer goods like cigars, and finally 'digesting' it in the Chinese market to generate legitimate income. https://companies.(caixin.com)/2025-10-24/102375183.html?channel=1022&channelSource=jx_newsletter&originReferrer=jx_newsletter