Singapore Nvidia chip export fraud case adds another defendant, fifth person charged with 41 counts

Odaily reports: Singapore has charged a fifth individual in connection with an AI server export fraud case involving Nvidia chips. Shi Bingzhe, 34, was charged on Friday with 41 counts, including one count of obtaining benefits from criminal proceeds. The case involves servers purchased from Dell, Super Micro Computer, and Asus, allegedly used to conceal end-user information through false representations and transshipped to Malaysia; these servers may be equipped with Nvidia chips.

Previously, four related companies were charged in July of this year with false representation fraud, and four other individuals faced charges for suspected fraud, money laundering, and fraudulent trading. Prosecutors stated in March 2025 that the transactions involved amounted to approximately $390 million.1 (The Straits Times)