Source: New York Post
Federal agents on Wednesday arrested a California tech CEO who’s accused of smuggling more than $300 million in restricted AI chips into China. Greg Lui, 38, aka “Yiu Kong Lui,” of San Gabriel, faces a barrage of federal charges for allegedly selling Beijing a mountain of American-made AI graphics processors in violation of US laws, potentially threatening national security. The California Post watched as the FBI and Department of Commerce agents arrested the high-flying tech boss in a stealth raid at the City of Industry headquarters of Earthmade Computers, a company Lui founded and runs, and which he allegedly used to conduct the profitable yet illegal scheme.
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