Taipei prosecutors charge 62 in massive Prince Group laundering case

Prosecutors in Taipei have filed charges against dozens of people in a sprawling money laundering case tied to the Cambodia-based Prince Group, wrapping up a months-long investigation into a network authorities say moved billions of New Taiwan dollars through the island’s financial system.

The Taipei District Prosecutors Office announced Wednesday (March 4) that 62 defendants and 13 companies have been indicted. The charges include alleged organized crime activity, money laundering, illegal gambling operations...