NEWS  /  Brief News

Singapore Prosecutors Say US Servers Fraud Case Involves $390 Million in Transactions

Mar 13, 2025, 12:56 a.m. ET

AsianFin – Singapore prosecutors revealed in court on Thursday that a fraud case involving servers supplied by Singapore-based firms and moved offshore encompasses $390 million in transactions.

Three individuals in the city-state have been charged with defrauding Dell and Super Micro by misrepresenting the final destinations of the servers they purchased.

Please sign in and then enter your comment

Asia Pacific

  • NIKKEI 225
    37799.97 (  -227.32   -0.60%  )
  • HSI
    23578.80 ( + 95.48  + 0.41%  )
  • CSI 300
    3932.41 ( + 13.05  + 0.33%  )

Americas

  • DJIA
    42454.79 (  -132.71   -0.31%  )
  • S&P 500
    5712.20 (  -64.45   -1.12%  )
  • NASDAQ
    17899.01 (  -372.85   -2.04%  )

Europe, Middle East & Africa

  • EUSTX50
    5379.17 (  -32.52   -0.60%  )
  • FTSE 100
    8627.41 (  -62.18   -0.72%  )
  • Der Dax
    22651.15 (  -187.88   -0.82%  )