Singaporean authorities said yesterday that they have seized a luxury bungalow and charged four people with money laundering as part of an investigation linked to the alleged movement of Nvidia chips subject to U.S. export controls.
In a statement, the Singapore Police Force (SPF) said that it had issued a “prohibition of disposal order” against a residence valued at around S$55 million ($42.4 million) and seized around S$1 million of funds in connection with fraud investigations. The order means the property cannot be sold or transferred as long as it is in force.
The investigation centers on two Singaporeans, Aaron Woon and Alan Wei, who were charged in February 2025 with criminal conspiracy to commit fraud, and a Chinese national named Li Ming, who was charged at the same time with committing fraud by false representation. In April of this year, a fourth defendant, Jenny Lim, was charged in connection with the case.
At the time of the alleged offences, Woon, Wei, and Lim were key officers of three companies, Aperia International, A-Speed Infotech, and Aperia Cloud Services – collectively known as the Aperia Group – that are alleged to have concealed the actual end-user of servers. Separately, Li was found through investigations to be the controller of another company, Luxuriate Your Life, that was allegedly involved in the scheme.
