UK applies to continue seizing Thet Li’s jewelry and cash
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AI-assisted source synthesis · not an independent investigation.
On October 13, 2026, reports said that UK authorities planned to apply to the court on Monday to continue seizing the watches and jewelry confiscated from Thet Li, who was alleged to be Prince Group’s financial controller, with a combined estimated value of £10.6 million, and to retain £92,570 in cash. Thet Li’s £8.9 million penthouse apartment in London, overlooking Buckingham Palace, has been frozen. The UK side said that Prince Group was suspected of using cyber fraud and “pig-butchering” investment scams as a cover; the group denied engaging in any illegal activities. The reports did not state whether the court had ruled on the application to continue the seizure.
AI-written from reports · updated 6 days ago
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- CryptopolitanPrince Group alleged finance chief Thet Li faces UK court application to continue seizing £10.6 million in jewelry
UK authorities will apply to the court on Monday to continue seizing £10.6 million worth of watches and jewelry confiscated from Thet Li, the alleged finance chief of Prince Group, and retain £92,570 in cash. His £8.9 million penthouse in London, overlooking Buckingham Palace, has been frozen. The UK says the group allegedly used cyber fraud and “pig-butchering” investment scams as a cover. Prince Group denies engaging in any illegal activity.
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