Thai officials will work with US counterparts to review the asset seizure process and legal proceedings involving Prince Holding Group, the Bangkok Post cited Surapol Prembutr, commissioner of the Cyber Crime Investigation Bureau, as saying.

Singapore police are looking into the case and are in contact with authorities in other countries, the force said in a brief statement today.

Prince Group chairman Chen Zhi was charged Tuesday by the US with running a “sprawling cyber fraud empire” that led to the seizure of Bitcoin worth about US$15 billion.

In the UK, the government said 19 properties connected to Chen were frozen, including a £100 million (US$134 million) office block and a £12 million mansion in northwest London.

The allegations against the company have prompted authorities and firms in Singapore to review its financial ties to the business hub.

Chen and his associates were involved in setting up a family office in Singapore in 2018, which claimed to receive a tax incentive from the financial regulator.

The government agency earlier said it is looking into whether there have been any breaches of its requirements.

The allegations against the company have prompted authorities and firms in Singapore to review its financial ties to the business hub.

Thai investigators will try to establish whether any of the confiscated assets are tied to offenses committed within the country, according to the report.

“If links are established, the government will seek the return and confiscation of the assets through diplomatic coordination and in line with international legal procedures,” the Post said.

The Thai justice ministry may pursue criminal charges of conspiracy to commit wire fraud and money laundering, the Bangkok Post reported.

The alleged criminal enterprise is accused by the US of having operated fraudulent businesses centered in Cambodia using forced labor, under Chen’s direction.