UK Freezes $12M London Penthouse of Alleged Prince Group Finance Chief

UK authorities have frozen a London penthouse overlooking Buckingham Palace that belongs to Thet Li, the alleged finance chief of Prince Group, The Times reported Sunday. Li, 39, paid £8.9 million in 2022 for the 13th-floor apartment near St James's Park, according to the report. Authorities placed a freezing order on its Land Registry record following a Foreign Office investigation. The U.S. Treasury sanctioned Li in October 2025 among 146 Prince Group targets, describing him as a "de facto illicit finance CFO" involved in "bulk cash smuggling and managing dirty money." The UK sanctioned him in March under its global…

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