Major Cambodia-Based Real Estate Conglomerate Linked to Scam, Gambling Operations

Investigative reporting based on Chinese court judgments and corroborating sources describes a Cambodia-based fraud operation associated with Lixin that ran coordinated social-media lures into bogus stock/crypto schemes and rigged online gambling platforms, siphoning and freezing victim funds while laundering proceeds into real estate projects. The report outlines the group’s structure (business, logistics, and property departments), convictions of 16 former employees for telecommunications fraud, links to sites in Sihanoukville including Lixin Harbour City and WM Casino, and references to raids that rescued trafficked workers, while noting Lixin’s denials of involvement.