Singapore Seizes $42.5 Million Mansion in Nvidia Chip Smuggling Investigation

Singapore police have seized a luxury mansion allegedly purchased with proceeds from the illegal smuggling of Nvidia artificial intelligence (AI) chips, according to authorities cited by BBC News.

Singapore police have seized a luxury property linked to an investigation into alleged Nvidia AI chip smuggling. (Photo: Aperia)

The property was last sold for 55 million Singapore dollars (about US$42.5 million) and investigators allege that at least two-thirds of the purchase price came from criminal proceeds.

The seizure is part of an investigation into the alleged illegal trade in servers containing advanced Nvidia chips that are subject to US export controls.

The US Department of Justice has previously identified Singapore as a significant transit point used to disguise shipments destined for China.

Police have obtained an order preventing the property from being sold while the investigation continues.

Authorities said Wei Zhaolun, chief executive officer of Aperia Group, will be charged with money laundering for allegedly using about 38 million Singapore dollars in criminal proceeds to finance the purchase of the home.

Police have also frozen approximately 1 million Singapore dollars held in bank accounts. Since February 2025, four people have been charged with fraud and other alleged offenses linked to the investigation.