TWO company managers claimed trial at the Ipoh magistrates’ court today to three counts of cheating two people of  RM12,867.30 in a “Bancus Coint” investment scheme.

Local woman, Pong Chin Yau, 54, and Singaporean man Chan Chen Shin, 52, made their plea after the charges were read out to them simultaneously before magistrate Noor Azreen Liana Mohd Darus.

According to the first charge, Pong and Chan along with two others, who were charged on November 2, allegedly cheated Hoi Kim Than, 59, by deceiving the latter into believing that he could receive high returns in the investment.

This prompted Hoi to deposit a total of RM4,366.50 into the company’s bank account at the RHB Bank branch in Menglembu, at about 1.45pm on November 14, 2019.

On the second and third counts, both were charged with deceiving Leong Mei Lan, 45, into depositing RM5,000 and RM3,500.80 into a Hong Leong bank account at No. 257, Jalan Pasir Puteh, Taman Pengkalan Jaya at about 1.48pm on May 1, 2019.

The charges, under Section 420 of the Penal Code, carry a maximum 10 years’ and with whipping, and a possible fine.

Prosecuting officer Siti Hajar Mohd Yusof prosecuted while lawyers N. Ravi and M. Mahendra represented Chan and Pong, respectively.

Noor Azreen fixed bail for each of the accused at RM4,500 in one surety for all charges, and set April 15 for mention. – Bernama, March 11, 2021.