Singapore Confiscates $42 Million Mansion in Nvidia Chip Smuggling Probe

Authorities charge suspects with money laundering following investigation

Singapore authorities have been investigating a case of suspected smuggling of Nvidia semiconductors. © Reuters

SINGAPORE — Singapore authorities announced Wednesday the seizure of a multimillion-dollar mansion and filed money-laundering charges against several individuals in connection with an alleged cross-border operation to smuggle hardware containing Nvidia semiconductors.

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