Malaysia Case Law: Decisions & Judgments | LexChat

Malaysia Case Law

Investment fraud

  • 7 Aug 2025

    MOHD AZHIDI BIN LAILI

    Citation
    WA-62SC-1-02/2022 (Mahkamah Sesyen)
    Court
    Sessions Court
    Case number
    WA-62SC-1-02/2022 (Mahkamah Sesyen)

    Court accepted admitted facts of premeditated, concealed scheme using genuine CSA accounts and mule trading accounts causing RM1.45m loss; despite late guilty plea the plea afforded some mitigation; public interest and seriousness of offences under s.206(b)/s.209 warranted meaningful custodial sentence and substantial fines. Court sentenced defendant to 24 months' imprisonment (from 21.5.2024) concurrent for each conviction and imposed RM1,000,000 fine per s.206(b) count (default 3 months' imprisonment per fine), with sentences running concurrently and aggregate default totaling 27 months, as…

  • 15 Feb 2024

    ROSLINA BINTI ABU BAKAR [ ]

    Citation
    DA-42S-6-05/2022 (Mahkamah Tinggi)
    Court
    High Court
    Case number
    DA-42S-6-05/2022 (Mahkamah Tinggi)

    Bank Negara Malaysia's evidence and exhibits establishing that the accused had no authority or licence to operate the alleged gold investment scheme proved that the promised investment did not lawfully exist; that finding satisfied the element of deception under section 420 Kanun Keseksaan and justified upholding the convictions; the Sessions Court's consideration of mitigation and public interest rendered the imposed sentences appropriate.