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

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(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.

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.

 

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