The Singapore Police Force charged Shi Bingzhe, a company officer, and two firms on Nov. 13 in an alleged server fraud case, bringing the investigation’s tally to five people and six companies.
Police allege Superphi Pte Ltd and NJ Global Financial Pte Ltd obtained 917 servers from Aperia International Pte Ltd in 41 transactions from May 2024 through February 2025. The charges say the firms had reasonable grounds to believe the equipment represented benefits from Aperia International’s alleged fraud by false representation.
At the time, Shi was Superphi’s director and NJ Global’s chief operating officer, police said. He faces 41 counts for allegedly consenting, in his role as a key officer, to the companies committing the offenses. Superphi faces six counts and NJ Global faces 35.
The three defendants were charged under Singapore’s 1992 law on confiscating benefits from crime; police described the offenses as money laundering. On each count, a conviction could bring Shi as many as 10 years in prison, a S$500,000 fine, or both. Each company could face, per count, a fine of up to S$1 million or twice the value of the alleged benefits, whichever is greater, police said.
The new charges concern the companies’ alleged acquisition of servers. Earlier allegations focused on what suppliers were told: a July police release said three Aperia Group officers allegedly represented to Dell, Super Micro Computer and Asus that a company in the group would be the end-user of servers bought from those suppliers. Police said those alleged representations ran from November 2023 to February 2025. Aperia International was charged under Section 424B of Singapore’s Penal Code on July 6, 2026.
Shi and the two companies are scheduled to return to court Jan. 4, 2027, Channel NewsAsia and The Straits Times reported.
