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BackThere are rumors that there is an extramarital affair involving President Lai’s son. Zhang Wanying’s connections are involved in the Prince Group.
There are rumors that there is an extramarital affair involving President Lai’s son. Zhang Wanying’s connections are involved in the Prince Group.
Developing
中央社1 hour agoCrime3 min readChinaView original

There are rumors that there is an extramarital affair involving President Lai’s son. Zhang Wanying’s connections are involved in the Prince Group.

A CBS News investigation found that Californian housekeeper Zhang Wanying and her companions, who are suspected of being ordered by Beijing to spy on President Lai Ching-te's eldest son in the United States, are all related to the Cambodian "Prince Group" suspected of fraud.

Quick Look

U.S. media investigations have shown that California female real estate agent Zhang Wanying and her companion Miao Fattai, who are suspected of being ordered by Beijing to spy on President Lai Ching-te's eldest son in the United States, are all related to the Cambodian Prince Group, which is suspected of money laundering and cryptocurrency investment fraud.

AI-generated summary

Why It Matters

Zhang Wanying was indicted by the FBI last week for allegedly failing to register as a foreign agent in accordance with the law and spying on Lai Qingde's eldest son in the United States. Companion Miao Fattai is associated with money laundering organizations.

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(Central News Agency, Los Angeles, Comprehensive Foreign Reports on the 16th) An investigation by CBS News found that Californian housekeeper Zhang Wanying and her companion Miao Fattai, who were suspected of being ordered by Beijing to spy on President Lai Ching-te’s eldest son in the United States, were all related to the Cambodian “Prince Group” suspected of fraud.

Wanying "Heather" Zhang, 34, was indicted by the FBI last week for "failure to register as a foreign agent in accordance with the law." She is suspected of spying on President Lai's eldest son Lai Ting and his family in Seattle in 2025. The 54-year-old builder Fatai Miao (transliteration) who was traveling with her at the time was related to an organization suspected of laundering money for the Mexican "Sinaloa Cartel".

Miao Fatai, who has known Zhang Wanying for many years, is the registered agent of Yuanjin Development & Construction LLC. Prosecutors said the company's address was a $4.5 million home in Irvine, California, which had been used by Chinese money laundering organizations as a base to hide funds. According to a criminal complaint filed in 2023, the organization allegedly colluded with drug cartels to launder money through an unlicensed currency exchange business.

Court documents show that Miao Fatai's business partner Cheng Zhang also has business dealings with Chen Sokly, a person from the Prince Group who is suspected of using violence and corruption to maintain the organization's power.

U.S. prosecutors accused the Cambodia-based Prince Group of using forced labor to engage in cryptocurrency investment fraud in the fraud park. The Department of Justice also stated that the group was suspected of committing at least US$15 billion in online fraud on Americans.

The U.S. government has seized $15 billion worth of Bitcoin, calling it the largest seizure in the Justice Department's history. The Prince Group denies the relevant accusations.

According to reports, Zhang Wanying once shared a photo of herself sitting in a Bugatti Chiron supercar on the Chinese social media Xiaohongshu, and said that the car belonged to a friend.

Social media posts showed that the car was suspected to belong to Wenzhi "Wesley" Fei, a self-proclaimed cryptocurrency trader; however, Fei denied to CBS that he was the owner of the car and claimed that he borrowed the car from Chen Xing. He also stated that he did not know the business of Prince Group and denied knowing Zhang Wanying.

CBS News confirmed that when prosecutors in New York in the United States indicted Prince Group Chairman Chen Zhi last year, the "accomplice 2" listed in the indictment was Chen Xing.

Prosecutors also alleged that Zhang Wanying was suspected of running an unlicensed currency exchange business and transferring US$190,000 in profits to a Chinese bank account. However, public federal legal documents do not link Zhang Wanying or Fei Wenzhi to the Prince Group or the drug cartel money laundering case. Apart from being suspected of failing to register as an agent of the Chinese government in accordance with the law, Zhang Wanying was not prosecuted for other crimes; Fei Wenzhi was not criminally prosecuted.

What to Watch

AI outlook — possibilities, not facts

  • U.S. prosecutors will continue to pursue the Prince Group and related money laundering and fraud networks

    Very likely · Within months

Open Questions

  • Is Zhang Wanying directly under the command of the Chinese government?
  • What is the complete financial flow between the Prince Group and the money laundering network involved?

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This article was originally published by 中央社.

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