Singapore Charges Three in $390 Million Server Fraud Case
Singapore prosecutors have charged three individuals, Singaporeans Aaron Woon and Alan Wei, and Chinese national Li Ming, with defrauding Dell and Super Micro by misrepresenting the final destination of servers purchased, involving transactions totaling approximately $390 million. Authorities are investigating whether these servers, possibly containing Nvidia chips, were illicitly transferred to entities in China, including AI firm DeepSeek, which is under U.S. scrutiny for alleged use of restricted chips. The accused face significant penalties if convicted, including lengthy prison sentences and substantial fines.