Former used-car director faces 71 charges over RM4.7mil deals

Kee Cher Kian, a 34-year-old former director of a used-car trading company, appeared in Kuala Lumpur sessions courts to face 71 counts of cheating, totaling RM4.7 million in losses. The charges, ranging from 26 to 15, were laid before three different judges, including Azrul Darus, Norma Ismail, and Ilmami Ahmad. Kee pleaded not guilty to all allegations, which pertained to inducing businessman Wong Yoong Jed into believing transactions involving multiple vehicle purchases were legitimate.

The offenses allegedly resulted in Wong transferring RM1.693 million and RM1.981 million to Buycar2u, operated by Kee. The vehicles allegedly part of these transactions included various luxury brands such as Mercedes-Benz, BMW, Lexus, and Toyota models. The transactions occurred at several Kuala Lumpur bank branches between July 5 and August 3, 2022.

Kee was charged under Section 420 of the Penal Code, carrying a potential 10-year jail term, whipping, and a fine upon conviction. He was granted RM215,000 bail, with one surety, and ordered to surrender his passport to the court. The case is scheduled for further mention on October 16 for the submission of documents.