Singapore prosecutors says US servers fraud case involves $390 million of transactions

Reuters
13 Mar
Singapore prosecutors says US servers fraud case involves $390 million of transactions

SINGAPORE, March 13 (Reuters) - Singapore prosecutors said a fraud case involving servers supplied by Singapore-based firms that were moved offshore involves transactions worth $390 million, according to court proceedings on Thursday.

Three men in the city-state have been charged with committing fraud against Dell (DELL.N), and Super Micro (SMCI.O), by falsely representing where the servers they bought would end up.

(Reporting by Bing Hong Kok; Writing by Xinghui Kok; Editing by John Mair)

((xinghui.kok@thomsonreuters.com;))

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