A district court heard on Friday ( May 2 ) that there may be additional charges in the cases of alleged fraud that could be connected to the movement of Nvidia chips.
After a counsel requested more time for the authorities to finish their studies, the three men accused have been released on bail. However, they face additional inquiries.
Initial charges against Singaporeans Aaron Woon Guo Jie, 40, Alan Wei Zhaolun, 49, and Li Ming, 51, a Taiwanese national, were filed on February 27. Around US$ 390 million ( S$ 519 million ) is the total amount involved in their situations.
Before moving on to Woon and Wei’s circumstances, Li’s case was heard first on Friday.
Li’s event was requested by Deputy Public Prosecutor Phoebe Tan for a 12-week adjournment. When she inquired as to why, District Judge Ng Cheng Thiam said he might face extra fees.
When Woon and Wei’s situations were heard along later, Ms. Tan requested a 12-week injunction.
Judge Ng finally decided to adjourn the circumstances by opting instead for eight days, citing the need for” a small power on the amount of time the prosecution needs.”
He also requested that the prosecution give a thorough report on the status of the studies at the upcoming hearing on June 27.
Woon and Wei are currently facing parole for S$ 600,000 and S$ 800,000, both, while Li is being released on S$$ 1 million bail. At a prior hearing, members for Woon and Wei had originally challenged their parole amounts.
In a judicial conspiracy to defraud two machines manufacturers, Dell and Super Micro, Woon and Wei are each charged with two counts. According to the trial, the sum involved is approximately US$ 250 million.  ,
According to the couple, they allegedly made misleading depictions in 2024 that the items wouldn’t be transferred to anyone other than the “authorized final shipper of end users.”
Li is charged with fraud on Super Micro by supposedly claiming that Luxuriate Your Life would be the end-user of the objects in 2023.
On June 19, 2024, he is even suspected of accessing an OCBC commercial bank account without authorization to make or receive transfers for Indulging Your Life, a business he controlled.  ,
According to the prosecution, the reported crimes cost about US$ 140 million.  ,
In February, after press reviews claimed brokers in the nation were involved in the illegal activity of Nvidia cards to China, bypassing US trade controls, Woon, Wei, and Li were among nine individuals detained during assaults by the Singapore Police Force and Singapore Customs.