Latest news with #Sentul
Free Malaysia Today
4 days ago
- Business
- Free Malaysia Today
Homeless man gets a year's jail for hiding over RM480,000
Marchell Jeff Lee Sin Ket was accused of helping the owner of an investment company hide RM314,790 in cash for the purpose of fraud at a condominium unit in Sentul, between Nov 18 and Dec 12, 2024. PETALING JAYA : A homeless man was sentenced to a year's imprisonment by two sessions courts in Kuala Lumpur today for hiding over RM480,000 in cash belonging to two women last year. Sinar Harian reported that Marchell Jeff Lee Sin Ket, 39, pleaded guilty to two charges read against him before judges Azrul Darus and Hamidah Mat Deril. Azrul sentenced him to a year's imprisonment on the first charge while Hamidah jailed him for eight months on the second. Both courts ordered Lee to serve his sentences concurrently from Thursday onwards. According to the first charge, Lee was accused of helping the owner of an investment company hide RM314,790 in cash for the purpose of fraud at a condominium unit in Sentul, between Nov 18 and Dec 12, 2024. According to the second charge, he was accused of transferring or hiding RM173,000 in cash belonging to a health company accounting executive at another condominium unit in Sentul between Nov 7 and Dec 9, 2024. Both charges were framed under Section 424 of the Penal Code for fraudulent removal or concealment of consideration (property), which provides for up to five years' imprisonment, a fine or both if convicted. The prosecution was led by deputy public prosecutors M Saravanan and Raihanah Abd Razak, while Lee was unrepresented.
Malay Mail
20-05-2025
- Business
- Malay Mail
Gold trading consultant pleads not guilty to RM1.18 million illegal deposit scheme
KUALA LUMPUR, May 20 — A gold trading and foreign exchange consultant pleaded not guilty in the Sessions Court here today to a charge of illegal deposit taking involving RM1.18 million for investment purposes three years ago. Abel Ong Jun Wen, 31, was charged with receiving the money from financial consultant, Tan Wai Mei, 40, (she) without a valid licence under Section 10 of the Financial Services Act 2013 at a house in Taman Sentul Bahagia, Sentul here between Oct 17, 2022 and March 15, 2023. The charge, under Section 137 (1) of the Financial Services Act 2013 and is punishable under Section 137 (2) of the same law, provides a maximum jail term of 10 years or a fine not exceeding RM50 million or both, if convicted. Judge Azrul Darus allowed Ong bail of RM30,000 as requested by the prosecution and also ordered him to report to a nearby police station once a month. He also set June 24 for mention. Earlier, lawyer Benedict Choong, representing Ong, when applying for a lower bail, said his client was a bankrupt and was not a flight risk. The prosecution was represented by Deputy Public Prosecutor Noor Syafina Mohd Redzuan. — Bernama
