Li Xiong, a former leader at a Cambodian financial conglomerate accused of laundering money for crime organizations, has been extradited from Cambodia to China, Cambodia said on Wednesday, adding that the action showed it was cracking down on scam ?operations.

Li was a former chairman of the board at ?Huione Pay. ?He is accused of being a core member of ?Chinese-Cambodian businessman Chen Zhi's criminal syndicate, according to Chinese broadcaster CCTV.

Chen was extradited to China in January and is currently detained in China.