Fifth person charged in Singapore over alleged fraud conspiracy linked to Nvidia chips

Singapore has charged a fifth individual, Shi Bingzhe, in connection with an alleged fraud conspiracy linked to Nvidia chips. Shi, a 34-year-old Chinese national, faces 41 charges under the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act for allegedly consenting to money laundering offenses committed by two companies where he held key positions.

This brings the total number of individuals charged in this case to five, with their cases still pending. The charges stem from the alleged movement of Nvidia chips to China, bypassing US export controls, following media reports of intermediaries involved in such activities. The Singapore Police Force (SPF) and Singapore Customs conducted raids in 2024, arresting nine individuals based on reports of illegal Nvidia chip movements.

Shi Bingzhe was the chief operating officer of NJ Global Financial and a director of Superphi at the time of the alleged offenses in 2024 and 2025. Superphi and NJ Global are jointly charged with 41 and 35 counts respectively for acquiring servers from Aperia International, with Shi's consent, believing the servers represented benefits from Aperia's criminal conduct.

Brief written by urgent.news from CNA - Singapore's own syndicated text. Machine-written — may contain errors; check the original before relying on it.