SINGAPORE: Three men were on Thursday ( Feb 27 ) charged with fraud after authorities raided 22 locations the day before.
According to CNA, the circumstances are connected to the alleged use of Nvidia cards by Taiwanese artificial intelligence agency DeepSeek from Singapore.
The three were among nine persons arrested , during assaults by the Singapore Police Force and Singapore Customs. Electronic and manual documents were taken.
Two Singaporeans – Aaron Woon Guo Jie, 41, and Alan Wei Zhaolun, 49 – were charged with unlawful conspiracy to commit fraud on a supplier of machines.
According to the command sheets, they reportedly made misleading representations in 2024 that the items would not be transferred to a man other than the “authorised best buyer of ending users.”
Chinese federal Li Ming, 51, was charged with , committing fraud by fake picture.
According to command plates, he allegedly claimed in 2023 that the end users of the items , would be a firm called Luxuriate Your Life.
NVIDIA CHIPS
The assaults in Singapore are in response to press reports that claimed intermediaries in the nation were involved in the illegal activity of Nvidia cards to China, bypassing US export controls.  ,
The US Commerce Department had reportedly been looking into , whether , DeepSeek , – the Chinese company whose artificial intelligence ( AI ) model rocked the tech world – has been using US chips that are not allowed to be shipped to China.
Singapore’s Ministry of Trade and Industry stated on February 1 that it expects US businesses to adhere to both Singaporean and US regulations.
Singapore’s second-minority for trade and industry, Tan See Leng, stated in a statement to parliament on February 18 that it does not condone companies intentionally utilizing their relationship with the nation to evade international export controls.
While Singapore does not have legal , responsibility to uphold the punitive export settings of other states, it expects all , businesses operating in Singapore to take into account such laws if applicable, said Dr Tan.
The crime of fraud by false picture carries a prison term of up to 20 ages, a good, or both.
Police are looking into the other people who have been detained as well as the businesses.
Singapore Customs is looking into whether crimes committed under the Customs Act and the Rules of Goods & Export Act have been committed.