More than 30 ultra‑rare supercars seized from Prince Group will be auctioned in Taipei this February. Explore the exclusive lineup and bid today!
In a spectacular event scheduled for late February, over 30 ultra‑rare supercars linked to the Prince Group are set to be auctioned in Taipei, Taiwan. The vehicles, worth more than NT$850 million (approximately US$27 million), were seized by the Taipei District Prosecutors Office in 2025 and will be displayed at the Taiwan Police Academy.
Why the Auction Matters
The seizure follows a multi‑country crackdown on Prince Group, a Cambodia‑based conglomerate accused of running a massive “pig‑butchering” investment fraud and laundering the proceeds. The auction offers collectors a once‑in‑a‑lifetime chance to acquire cars that were previously hidden away in a high‑end residential garage.
Auction Details
- Date: 25 February 2026
- Location: Taiwan Police Academy, Taipei
- Organizer: Taipei District Court’s Enforcement Division
- Number of Vehicles: 34 (32 slated for public sale)
The venue was chosen for its spacious underground parking, a necessity given the unprecedented value and volume of the supercars on offer.
Featured Cars
Among the most coveted models are:
- Bugatti Chiron – estimated NT$150 million
- McLaren Senna LM – one of only 20 ever built
- Ferrari Monza SP2 – limited‑edition roadster
- Ferrari LaFerrari – iconic hybrid hypercar
- Several bespoke Lamborghini, Porsche, and Aston Martin models
Legal Background
The cars were registered to Chen Zhi (known in Vietnamese as Trần Chí), chairman of Prince Group, and his close associate Li Thet, the group’s chief financial officer. Both were allegedly using the luxury fleet to legitimize illicit proceeds.
In October 2025, the U.S. Department of Justice filed the first criminal charge against Prince Group for orchestrating a trans‑national investment‑fraud scheme. Taiwanese authorities subsequently raided the group’s offices, including a leased suite in Taipei 101, uncovering evidence that an online‑gaming façade was used to mask money‑laundering activities.
Later that year, Taipei prosecutors arrested 25 individuals and seized assets worth NT$4.5 billion, including the supercars stored in the underground garage of the upscale Peace Palace condominium. A parallel operation in Singapore confiscated about US$115 million in assets—yachts, cars, fine spirits, and bank accounts.
International Enforcement Efforts
On 6 January 2026, Chen Zhi was detained in Phnom Penh, Cambodia, and extradited to China, highlighting the global reach of the investigation. The Taiwan Police Academy’s auction will also serve as a platform for anti‑fraud awareness, with live briefings on how to spot and avoid investment scams.
What This Means for Buyers
Potential bidders will need to register in advance and provide proof of financial capability. The auction is expected to attract collectors, investors, and museums from around the world, all eager to own a piece of automotive history that also carries a dramatic legal backstory.
Stay tuned for live updates on the auction results and follow the story as authorities continue to dismantle the Prince Group’s vast fraud network.