Cambodia Publicly Identifies Legend Innovation, Operator of Largest Telecom Fraud Hub, Tied to Prince Group

TechFlow reported on September 23 that according to Caixin, Cambodia has publicly disclosed details of the interior of “Compound No. 8.” This “fraud city” is Cambodia’s largest such operation, accommodating up to 20,000 trafficked individuals coerced into online scam work, and is operated by the Cambodian company Legend Innovation.

Blockchain analytics firm Elliptic found an association between the operating company and the Prince Group. Legend Innovation was allegedly linked to the US- and UK-sanctioned Prince Group through corporate phone numbers, director activities, and related business records. Notably, a telephone number registered under Legend Innovation previously appeared in the documentation of a real estate firm accused of belonging to the Prince Group network. The compound once housed a physical storefront for Huowang Payment, which allowed personnel to exchange cryptocurrencies for cash, while Huowang Logistics was reportedly providing freight services linking Thailand, Vietnam, Cambodia, and the compound.