Chen Zhi, the leader of the Prince Group, has reportedly fallen victim to a “black-on-black” crime involving the embezzlement of over 31 million RMB by his subordinates. This incident highlights the internal issues within the organization, raising concerns about trust and accountability among its leadership. Reports indicate that the embezzlement was orchestrated by individuals within the company, suggesting a significant breach of loyalty and ethics. The situation has prompted discussions about the need for stricter oversight and governance within the Prince Group to prevent similar occurrences in the future. As investigations continue, the implications of this crime may affect the group’s reputation and operational integrity.
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Last updated on November 10th, 2025 at 07:56 am
