Businessman charged with receiving nearly RM1.3mil for non-existing investment scheme

Business News News

Businessman charged with receiving nearly RM1.3mil for non-existing investment scheme
Business Business Latest News,Business Business Headlines

(Reuters) - Brazil striker Richarlison battled with depression after his country's quarter-final loss to Croatia at the 2022 World Cup and considered quitting football.

  • 📰 staronline
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 75%

BUTTERWORTH: A businessman faced charges at both the Sessions and Magistrates Courts here on five counts of soliciting and receiving deposits for the sum of RM1.295mil in connection with non-existent investments.

He allegedly committed the offence at No 3, Lorong Teratai Indah, Seberang Perai Utara on Dec 28, 2017. Deputy public prosecutor Qatrin Nada Harun appeared for the prosecution, while lawyer R. Arvend represented Chandrasegaran. On the fourth charge, Chandrasegaran dishonestly induced the same victim to hand over RM235,000 in cash to join the scheme at the RHB Kampung Gajah Branch on March 5, 2018.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

staronline /  🏆 4. in BUSÄ°NESS
 

Business Business Latest News, Business Business Headlines



Render Time: 2025-01-12 23:26:40