SINGAPORE: The chief executive officer of tech firm Aperia Group was charged on Monday (Jul 6) with laundering S$38 million (US$29 million) in the purchase of a bungalow and acquiring S$3.2 million in criminal proceeds.
Alan Wei Zhaolun, a 50-year-old Singaporean, indicated that he was not guilty of all charges, with his lawyers saying they were “misconceived”.
The new charges take the total number he is facing to 11, most of which are for conspiring to commit fraud linked to the purchase of computer servers.
These servers allegedly contained Nvidia chips that were moved in contravention of United States’ export controls. The case came to court after US investigations on whether Chinese start-up DeepSeek had circumvented US restrictions on advanced Nvidia chips by buying them from third parties in other countries including Singapore.
The alleged co-conspirators of the fraud are Aperia Group’s chief financial officer Jenny Lim, a 51-year-old Singaporean, and the group’s head of sales Aaron Woon Guo Jie, a 41-year-old Singaporean.
The trio are accused of conspiring to commit fraud in an end-use/end-user certification form sent to representatives of tech firms, including the Singapore branch of Dell Global B V, Super Micro Computer Inc. Taiwan and Asus Global that the end-users of servers purchased from them were companies within Aperia Group.
The three companies from Aperia Group – A-Speed Infotech, Aperia International and Aperia Cloud Services (II) – have also charged with related fraud offences.
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