Elderly man charged with cheating businessman of RM500,000 in investment repayment

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Court,Businessman Cheating,Investment

A 75-year-old married woman was sentenced to five weeks’ jail on Oct 22 after she opened a bank account on behalf of her “online boyfriend” whom she had met on WhatsApp.

KUALA LUMPUR: A senior citizen claimed trial at the Sessions Court here to a charge of cheating his friend over repayment for a health food business investment totalling RM500,000, 16 years ago.

Ch’ng Kee Guan, 74, was accused of cheating businessman Chang Seng Kooi, 53, by deceiving him in the repayment for business capital by using a cheque with the status 'account closed' worth RM500,000 at Wisma Zelan, Cheras here on March 2, 2008. Ch'ng was charged under Section 420 of the Penal Code which carries a minimum one-year imprisonment and a maximum 10-year imprisonment with whipping and liable for a fine, upon conviction.Lawyer Manjit Singh, who represented the accused, however, sought a lower amount on the grounds that his client was jobless.

He said Ch'ng has health issues ranging from diabetes, heart problems and blurry eyesight since he fell from the stairs two weeks ago.Malaysia gears up for Asean leadership with focus on inclusivity and sustainabilityGST by any other name still more efficient than SST, says Dr WeeMCMC begins public consultation on draft COC for social media platforms

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