Rare supercars linked to Prince Group seized in Taiwan set for February auction

Supercars valued at about $35 million in total that belonged to members of the

scandal-hit Prince Group

will be auctioned en masse in Taipei in February, putting some limited-edition vehicles back on the market.

The 34 luxury cars worth more than NT$850 million (S$34.5 million) were seized by the Taipei District Prosecutors Office in 2025. Most of them were registered to Prince Group chief Chen Zhi and his key associate Li Thet.

Of the seized cars, 32 will be auctioned at the Taiwan Police Academy in Taipei on Feb 25, local media reported.

They include a Bugatti Chiron valued at around NT$150 million, a rare McLaren Senna LM – one of just 20 manufactured – and limited-edition Ferrari coupes such as the Monza SP2 and the LaFerrari.

It is the first time the Police Academy’s assembly area will be used to display these cars. A big enough area was required due to the unprecedented number of valuable supercars involved in this auction.

The police are also expected to arrange for anti-fraud awareness programmes during the event.

The Cambodia-based Prince Group was

first indicted by the US Department of Justice

in October 2025 for orchestrating transnational investment fraud schemes, also known as “pig butchering” scams, and money laundering.

Taiwanese authorities conducted raids on Prince Group’s registered addresses in Taiwan, including its rented offices in the Taipei 101 building that used online gaming as a cover for their money-laundering practices.

The Taipei district prosecutor in November 2025

detained 25 people

and seized more than NT$4.5 billion in illegal assets, including a fleet of supercars in the underground parking of Taipei’s exclusive Peace Palace residential complex.

Singapore police in October had also

seized more than $150 million in assets

tied to the Prince Group, including a yacht, cars, liquor and bank accounts.

Chen was arrested in Phnom Penh on Jan 6 and

extradited to China

.