Singapore has charged suspects with fraud, money laundering and fraudulent trading over exports of computer hardware believed to contain Nvidia chips. (Nvidia pic)SINGAPORE: Singapore charged a fifth person in a fraud case linked to the export of computer hardware suspected of containing Nvidia chips subject to US trade restrictions.

Shi Bingzhe, 34, was handed 41 charges including for money laundering offenses on Friday, the Singapore police said in a statement. Singapore Police Force also handed separate charges to Superphi Pte and NJ Global Financial Pte, two companies where Shi worked as a director.

Authorities in Singapore and elsewhere in Southeast Asia are stepping up their scrutiny of shipments of advanced Nvidia AI chips that the US suspects are being smuggled to China via the region. Nvidia co-founder Jensen Huang resigned as chief executive officer on Thursday after revelations that he had a relationship with Alice Huang, a former CEO of a Singapore-based firm also suspected of helping Chinese companies procure Nvidia chips.