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

Reported by Decrypt

Image: Decrypt

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…

This is an excerpt. The reporting belongs to Decrypt.

Read the full report on decrypt.co
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