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Singapore grants bail for Nvidia chip smugglers in alleged $390M fraud

AI,Corruption,Fraud,Technology

From the Center

A judge in Singapore granted bail to three men suspected of deceiving suppliers of server computers that may contain Nvidia chips affected by U.S. export rules that bar the sale of them to certain countries, as a route to halting them being sold to organizations in China. The move comes nearly two weeks after the three men in the city-state were charged with smuggling Nvidia chips and committing fraud against Dell and Super Micro by falsely stating where the servers would be located. Singapore prosecutors said the fraud case involved...

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