financetom
Technology
financetom
/
Technology
/
Singapore case against three on AI chip fraud charges adjourned until Aug 22
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Singapore case against three on AI chip fraud charges adjourned until Aug 22
Jul 7, 2025 5:34 AM

(Corrects June 27 story to remove reference to DeepSeek and transfer of chips to China in paragraph 1 and subsequent references to DeepSeek. The media report that cited a link to DeepSeek and China as the destination was later changed, dropping the reference.)

By Jun Yuan Yong

SINGAPORE (Reuters) -A Singapore court on Friday adjourned a case against three men charged with fraud by making false representations to unnamed server suppliers until Aug 22.

At the hearing, the prosecution said the police would need more time to review new documents and seek responses from overseas parties in the investigations into the three men, Singaporeans Aaron Woon Guo Jie, 41, and Alan Wei Zhaolun, 49, as well as Chinese national Li Ming, 51.

They were charged earlier with making false representations to the server suppliers about the end users of goods purchased in 2023 and 2024.

Singapore Home Affairs Minister K Shanmugam said in March that the authorities had ascertained that servers involved in the fraud case may contain Nvidia ( NVDA ) chips, and that they had investigated the case independently after an anonymous tip-off.

The United States banned the export of high-end chips from Nvidia ( NVDA ) to China in 2022 amid concerns that they could be used for military purposes. 

The servers were supplied by Dell Technologies ( DELL ) and Super Micro Computer ( SMCI ) to Singapore-based companies before they were sent on to Malaysia, although it was not clear if Malaysia was the final destination for the servers, he said.

The Singapore case is part of a broader police investigation into 22 individuals and companies suspected of false representation, amid concerns that nations like Singapore have been used in organised AI chip smuggling to China.

In 2024, Singapore was Nvidia's ( NVDA ) second-biggest market after the United States, accounting for 18% of its total revenue in its latest fiscal year, a February filing by the chipmaker shows.

Actual shipments to the Asian trading hub, however, contributed less than 2% of total revenue, as customers use it as a centre for invoicing sales to other countries.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
RapidSeedbox Expands Global Proxy Infrastructure, Introducing Clean IPv6 Subnets and a 6.9 Million–Strong Residential Proxy Network
RapidSeedbox Expands Global Proxy Infrastructure, Introducing Clean IPv6 Subnets and a 6.9 Million–Strong Residential Proxy Network
Nov 23, 2025
Victoria, Mahe, Nov. 23, 2025 (GLOBE NEWSWIRE) -- RapidSeedbox, a provider of privacy-first network infrastructure, has upgraded its proxy and IP infrastructure, introducing a vast residential proxy network and next-generation IPv6 subnets built for large-scale data extraction. These offerings strengthen the company’s ability to support organizations that depend on uninterrupted access to public web data for analytics, AI training, automation,...
rScriptor Enhances Radiology Workflow With Flexible AI Impression Generation
rScriptor Enhances Radiology Workflow With Flexible AI Impression Generation
Nov 23, 2025
Multi-model AI Impressions with redundancy, customizable preferences, and hybrid dictation let radiologists shape reports in their own voice PITTSBORO, N.C., Nov. 23, 2025 /PRNewswire/ -- Scriptor Software today announced a major upgrade to its radiology reporting platform, rScriptor, that significantly expands its generative AI capabilities.  The new release automatically analyzes the Findings section to capture the radiologist's dictation style and...
Analysis-US government pullback from climate science fuels boom for private data firms
Analysis-US government pullback from climate science fuels boom for private data firms
Nov 21, 2025
BELEM, Brazil (Reuters) -A British real estate manager overseeing 26 billion euros ($29.93 billion) in assets and concerned about flood, fire and other climate-related risks to its properties sought help from Climate X, a data analytics firm based in London.  Climate X started crunching numbers and using its AI risk modeling tool, informed partly by U.S. scientific data, to help...
NB HASH Launches New Generation of AI Compute Infrastructure to Meet Global High-Performance Computing Demand
NB HASH Launches New Generation of AI Compute Infrastructure to Meet Global High-Performance Computing Demand
Nov 22, 2025
London, United Kingdom, Nov. 22, 2025 (GLOBE NEWSWIRE) -- Following NVIDIA’s recent release of strong third-quarter results and its optimistic outlook for global AI compute platforms, demand for high-performance computing resources is accelerating rapidly across industries. UK-based NB HASH today announced the launch of its new generation of AI compute infrastructure, designed to provide scalable and accessible artificial intelligence computing...
Copyright 2023-2026 - www.financetom.com All Rights Reserved