Police bar disposal of S$55 million Good Class Bungalow in Nvidia chip movement case

SINGAPORE: The police have issued a prohibition of disposal order against a Good Class Bungalow (GCB) valued at around S$55 million (US$42.4 million) and seized around S$1 million of funds in connection with fraud investigations, the police said on Wednesday (Jul 1). The case has been linked to the movement of Nvidia chips in contravention of US export controls.

CNA understands that the GCB is located at 12 Chee Hoon Avenue.

The prohibition of disposal order means the property cannot be sold or transferred while the order remains in force.

Three men were first charged in February 2025, while a fourth person was charged in April this year. Police announced additional charges on Wednesday against the four individuals, as well as fresh charges against four companies.

Aaron Woon Guo Jie and Alan Wei Zhaolun were first charged on Feb 27, 2025, with criminal conspiracy to commit fraud on a supplier of servers. Chinese national Li Ming was charged separately on the same day with committing fraud by false representation.

On Apr 2, 2026, Jenny Lim was charged in relation to the same broader investigation.

At the time of the alleged offences, Wei, Lim and Woon were key officers of three companies - Aperia International, A-Speed Infotech and Aperia Cloud Services - collectively known as Aperia Group. Separately, Li was found through investigations to be the controller of another company, Luxuriate Your Life.

CHARGES AGAINST LIM, WOON, WEI AND APERIA GROUP

The three Aperia Group companies also face fraud offences. Police said this is the first instance of corporate entities being prosecuted in relation to these investigations.

The new fraud charges allege that Wei, Lim and Woon engaged in a conspiracy to commit fraud relating to the purchase of servers from three suppliers: Dell, Super Micro Computer, and Asus. 

The charges assert that between November 2023 and February 2025, the trio falsely represented in communications to these suppliers that one of the Aperia Group companies would be the end-user of the servers.

Lim and Woon were each handed seven new charges, while Wei will face seven new charges on Jul 6.

Given that the representations were made by Wei, Lim and Woon in their capacities as key officers of the Aperia Group companies, the companies will also be facing a total of eight charges of fraud by false representation on Jul 6.

Lim and Woon have also been handed fresh money laundering charges for each acquiring about S$1.2 million in their personal bank accounts, which in part represents benefits from criminal conduct amounting to about S$1 million.

Wei will face one new count of money laundering charges on Jul 6 for converting property of about S$55 million, representing in part benefits from criminal conduct amounting to around S$38 million for the purchase of a GCB. 

CHARGES AGAINST LI AND LUXURIATE YOUR LIFE

The new fraud charge against Li is for committing fraud in communications with Super Micro in November 2023, where he is alleged to have falsely represented that he was an employee of Luxuriate Your Life.

As the representations were made by Li in his capacity as the controller of Luxuriate Your Life, the company faces two charges for fraud by false representation.

Li also faces two new charges: one count for being a knowing party of the carrying on of Luxuriate Your Life’s business in Singapore for a fraudulent purpose, and another for abetting the director of another company to omit exercising reasonable diligence in the discharge of his duties as the company’s director.

If convicted of fraud, all four accused may face up to 20 years’ jail or a fine, or both.

If convicted of money laundering, Wei, Woon and Lim may face a jail term of up to 10 years, a fine of up to S$500,000 or both.

If convicted of being a knowing party to the carrying on of a business for a fraudulent purpose, Li faces up to seven years’ jail, a fine of up to S$15,000 or both.

For abetting another person to secure access without authority to a bank account held by another company, Li faces up to two years’ jail, a fine of up to S$5,000 or both.

For abetting the director of another company to omit to exercise reasonable diligence in the discharge of his duties as that company’s director, Li may face a jail term of up to 12 months, a fine of up to S$5,000 and may be disqualified from acting as a director or taking part in the management of a company for up to five years.

Each company being charged faces the same punishment in the form of a fine for each charge of fraud.

Editor's note: This article has been corrected to state that the police issued a prohibition of disposal order over the Good Class Bungalow. An earlier version incorrectly described the property as having been seized. We apologise for the error.