Tech Company CTO and Others Indicted For Exporting Nvidia Chips To China

An anonymous reader quotes a report from Ars Technica: The US crackdown on chip exports to China has continued with the arrests of four people accused of a conspiracy to illegally export Nvidia chips. Two US citizens and two nationals of the People's Republic of China (PRC), all of whom live in the US, were charged in an indictment (PDF) unsealed on Wednesday in US District Court for the Middle District of Florida. The indictment alleges a scheme to send Nvidia 'GPUs to China by falsifying paperwork, creating fake contracts, and misleading US authorities,' John Eisenberg, assistant attorney general for the Justice Department's National Security Division, said in a press release yesterday.

The four arrestees are Hon Ning Ho (aka Mathew Ho), a US citizen who was born in Hong Kong and lives in Tampa, Florida; Brian Curtis Raymond, a US citizen who lives in Huntsville, Alabama; Cham Li (aka Tony Li), a PRC national who lives in San Leandro, California; and Jing Chen (aka Harry Chen), a PRC national who lives in Tampa on an F-1 non-immigrant student visa. The suspects face a raft of charges for conspiracy to violate the Export Control Reform Act of 2018, smuggling, and money laundering. They could serve many decades in prison if convicted and given the maximum sentences and forfeit their financial gains. The indictment says that Chinese companies paid the conspirators nearly $3.9 million. One of the suspects was briefly the CTO of Corvex, a Virginia-based AI cloud computing company that is planning to go public. Corvex told CNBC yesterday that it 'had no part in the activities cited in the Department of Justice's indictment,' and that 'the person in question is not an employee of Corvex. Previously a consultant to the company, he was transitioning into an employee role but that offer has been rescinded.'

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