Man Faces Charges for Fraud in Non-Existent Investment Schemes
Photo by Austin Distel on Unsplash.
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Man Faces Charges for Fraud in Non-Existent Investment Schemes

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A part-time temple worker pleaded not guilty in separate Sessions Courts here today to two counts of offering non-existent investments to two women and a man between May and June.

See Pep Hoor, 66, was charged with defrauding financial consultant Kok Poh Wan, 54, by offering a non-existent investment scheme, resulting in the victim handing over RM215,075 to him.

Man Faces Charges for Fraud in Non-Existent Investment Schemes

The offence was allegedly committed at a temple in Jalan Ipoh, Sentul here, between May 16 and June 13. The charge, framed under Section 420 of the Penal Code, carries a maximum prison sentence of 10 years and whipping and a fine upon conviction.

Deputy Public Prosecutor R. Harvind proposed bail of RM20,000 with one surety, but the accused’s lawyer CY Yong requested a lower amount, stating that his client had to provide for his family and his 90-year-old mother.

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Man Faces Charges for Fraud in Non-Existent Investment Schemes
Photo by Austin Distel on Unsplash.

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