A Chinese-born Canadian citizen, Benlin Yuan, was arrested in Virginia by the FBI for attempting to smuggle Nvidia computer chips, valued at $30 million, to China as part of an alleged illicit procurement network. Authorities claim that Yuan, the president of a Virginia IT company linked to a Beijing firm, conspired to violate export control laws by using straw purchasers and mislabeling shipments. Investigators uncovered a network that had purchased over $50 million in GPUs, with operations involving the removal of Nvidia labels and false shipping documentation. Yuan is accused of organizing inspections of seized goods, ensuring that the destination remained undisclosed during communications.
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