Singapore police have seized a S$55 million (US$42.5 million) luxury bungalow allegedly bought with the proceeds of a scheme to smuggle servers believed to contain Nvidia artificial intelligence chips that Washington bars from export to China.

Singapore prosecutors expand fraud charges against four individuals and companies accused of routing Nvidia AI chip servers to evade US export controls.

Singapore police have seized a S$55 million (US$42.5 million) luxury bungalow allegedly bought with the proceeds of a scheme to smuggle servers believed to contain Nvidia…

Singapore police charge man with using proceeds from Nvidia server fraud conspiracy to buy luxury home in upscale area