Fifth Person Charged in Singapore Nvidia-Linked Server Fraud Case

A fifth individual has been charged in the Singapore server fraud case linked to computer servers that may have contained Nvidia chips, with 34-year-old Shi Bingzhe handed 41 money laundering charges on Friday (Nov 13), the Singapore Police Force (SPF) said.

Two companies of which Shi was a key officer, Superphi Pte Ltd and NJ Global Financial Pte Ltd, were also charged with money laundering offences under the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act 1992, according to the SPF.

917 Servers in 41 Transactions

Malay Mail, carrying an AsiaOne report, said Shi was the director of Superphi and chief operating officer of NJ Global Financial when the two firms allegedly acquired a total of 917 servers from Aperia International in 41 transactions.

Police said Shi had reasonable grounds to believe the servers allegedly with Nvidia chips were benefits from Aperia International’s alleged criminal conduct, namely fraud by false representation.

If convicted, he faces up to 10 years’ jail, a fine of up to US$500,000 (RM2.04 million), or both, for each charge, the report said.

Singapore Server Fraud Case Widens

With the latest charges, five individuals and six companies have now been charged in court over the case, the SPF said.

The earlier accused are Jenny Lim, 51; Alan Wei Zhaolun, 49; Aaron Woon Guo Jie, 41; and Chinese national Li Ming, 51. Lim, Wei and Woon were charged with fraud and money laundering, while Li faces fraud and fraudulent trading charges. Four firms, Aperia International, A-Speed Infotech, Aperia Cloud Services (II) and Luxuriate Your Life, were charged with false representation.

Police said they take a serious view of such offences and will not hesitate to act firmly against businesses and individuals engaged in dishonest and criminal practices.

Probe Began With Anonymous Tip

According to the report, Singapore opened an independent investigation last year after an anonymous tip-off about servers that might contain Nvidia chips being exported to Malaysia and possibly to an unknown final destination.

In a statement on Thursday night (Nov 12), the Ministry of Home Affairs said Chinese businesswoman Alice Huang, a former managing director of cloud computing firm Megaspeed, had been among those investigated. The ministry said there was insufficient evidence to establish whether she had committed offences linked to possible inaccurate declarations, but police found she had knowingly provided false information. She was given a stern warning and barred from re-entering Singapore.

#latestmalaysia

Four Charged in Singapore Over S$6 Million Mortgage Fraud

Fifth Person Charged in Singapore Nvidia-Linked Server Fraud Case