The Cambodian-based actual property conglomerate Lixin Group has been allegedly linked with unlawful playing operations and on-line playing scams, as detailed in a report by the Organized Crime and Corruption Reporting Mission (OCCRP).
Lixin have been discovered responsible of focusing on folks exterior Cambodia by forcing folks to spend money on fraudulent crypto and inventory schemes.
Lixin Group has grown into a significant conglomerate with enterprise pursuits stretching from the Mekong to the Black Sea. However proof collected by OCCRP means that it has a darker aspect.https://t.co/2k8OyVpeLd
— Organized Crime and Corruption Reporting Mission (@OCCRP) January 21, 2026
In April 2025, a report from the UN Workplace claimed that there was an organized felony enterprise primarily based within the Mekong area, which was participating in each drug trafficking and, extra importantly, cyber fraud.
Sources who ready this doc then confirmed to the OCCRP that Lixin Group was the community being referred to.
Lixin denied these allegations, in fact and whereas they weren’t named as a defendant on this explicit lawsuit, the corporate did funnel proceeds from their fraudulent schemes into numerous actual property investments inside Cambodia.
Lixin Group deny wrongdoing in cyber fraud or unlawful playing operations
Grant Tao, a consultant of Lixin Group, claimed that the corporate was “unaware of the report” however did deny any wrongdoing.
“If the consumer confirms that BG2 within the U.N. report is alluding to Lixin Group, the consumer will contact the related U.N. departments and submit related proof to elucidate the scenario and make clear the information,” he stated to OCCRP.
In response to the 2 court docket judgments that had been obtained by OCCRP, the Chinese language staff on the firm managed to efficiently lure victims into discussion groups.
When in these teams, others concerned within the fraud pretended to achieve success buyers.
The victims who invested cash into these fraudulent crypto schemes or pretend shares noticed cash frozen or siphoned off into different avenues.
Faux playing platforms had been additionally used as a part of the operation, with victims shedding their cash after an preliminary successful streak obtained them hooked.
These scams have gotten increasingly more considerable in Southeast Asia. Certainly, based on a report by the United Nations, between $18 billion-$37 billion was misplaced in 2023 alone to fraudulent playing operations inside the area. Over the previous few weeks, Cambodia handed over billionaire businessman Chen Zhi to China, the place authorities say he was behind an enormous rip-off operation tied to cryptocurrency schemes, unlawful playing, and even labor camps.
Featured Picture: Lixin Group by way of YouTube
