Chinese national extradited to US over alleged Cambodian crypto scam network

Zheng Zhao faces a money laundering conspiracy charge tied to fake crypto trading sites that allegedly took more than $36.9 million from at least 174 Americans Zheng Zhao, a 44-year-old Chinese national, landed in Los Angeles on October 23, 2026, after being extradited from the Netherlands. He was arraigned the same day. US prosecutors allege he was part of a network running scam centers in Cambodia. Those centers allegedly used fake crypto trading websites to drain more than $36.9 million from at least 174 identified American victims. The charge is conspiracy to commit money laundering. It carries a maximum sentence of 20 years in prison if he is convicted.

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