BY JOHN BUNYANIPOH, Feb 2 — Two entrepreneurs claimed trial at the Magistrates Court here to charges of defrauding three women of RM150,500 via a purported bitcoin investment scheme.
Both Reduan and Adan were accused of cheating Nur Raihan Shabila Md Noor, 24, and Rozidah Yahaya, 49, by tricking them into believing they would get a 20 per cent return for seven months continuously in their Actionmode bitcoin investment. The offence was allegedly committed at Hotel Casuarina Meru here at around 12pm on July 26 last year.
The charges were framed under Section 420 of the Penal Code, which was read together with Section 34 of the same Act.Deputy Public Prosecutor K. Darinee prosecuted while the accused were represented by lawyers Aizul Rohan Anuar, Hazwa Mahira Azman and Nurnatiah Zaini.