Tipu, ubah wang haram, pegawai bank dipenjara 7 tahun, denda RM40 juta
Pengurus perhubungan bank berusia 39 tahun itu juga dikenakan 24 sebatan selepas mengaku salah atas 16 tuduhan melibatkan lapan warga emas di Mahkamah Sesyen.
A Kuala Lumpur court has sentenced a 39-year-old bank employee, Kho Yung Kang, to seven years in prison, 24 strokes of the cane, and a RM40 million fine for 16 charges of fraud and eight charges of converting unlawful money. The judgment came from the Sessions Court in Kuching today.
Kho, who is accused of defrauding eight elderly individuals between the ages of 60 and 75 of RM1.58 million through a fake investment scheme and money laundering activities within his bank between September 2022 and February 2024, faces multiple charges under Section 420 of the Penal Code and Section 4(1)(b) of the Prevention of Money Laundering and Financing of Terrorism and Illicit Activities Act 2001 (AMLA).
The presiding judge, Iris Awen Jon, ordered Kho to serve his sentence concurrently from the date of his arrest on May 23, 2025.
Written by urgent.news from Free Malaysia Today's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- Tipu, ubah wang haram, pegawai bank dipenjara 7 tahun, denda RM40 juta freemalaysiatoday.com
