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The Straits Times·3 min read·medium

Nvidia chips case: Man allegedly used over $38m to buy GCB

S
Shaffiq Alkhatib
Nvidia chips case: Man allegedly used over $38m to buy GCB
AI Summary

Alan Wei Zhaolun, a former Singaporean CEO, faces 11 charges including fraud and money laundering linked to the purchase of Nvidia-related server equipment. He is accused of using over $38 million in illicit gains to purchase a luxury bungalow.

On July 6, Alan Wei Zhaolun was handed nine additional charges – three counts of money laundering and six counts of fraud.

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