SIBU: A 44-year-old man suspected to be involved in an insurance investment scam was yesterday brought before a magistrate here to face three charges for cheating.
Voon Ching Heong of Arang Road in Kuching pleaded not guilty.
On the first charge, he is accused of abetment in assisting Kueh Koh Ing to cheat Tang Chen Yiong into believing that there was an insurance investment scheme offered by Tokio Marine Insurance Company, which actually did not exist.
In so doing, he allegedly motivated Tang to deposit a sum of RM10,000 into a bank account under the name of C.H. Voon Agency owned by Voon and Kueh.
He allegedly committed the offence at the agency sometime in March.
The second charge says Voon was found to have abetted with Kueh to deceive Tang Suk Yien into believing that there
was an insurance investment scheme offered by Tokio Marine Insurance Company, whereas such scheme actually did not exist.
And in so doing, he motivated Suk Yien to deposit a sum of RM10,000 into a bank account under the name of C.H. Voon Agency.
The offence was allegedly committed at the agency sometime in May.
The third charge accuses Voon of a similar offence for abetting with Kueh to cheat Suk Yien of another RM10,000 for the insurance investment scheme which actually did not exist.
The offence was allegedly committed sometime in April at the agency.
Each of the charges were framed under Section 109 of the Penal Code, read together with Section 420 of the Penal Code, which provides for a jail term of between one year and 10 years, and whipping as well as a possible fine, if convicted.
Magistrate Saiful Sayoti released Voon on bail pending hearing of the case on Nov 4.
Voon was released on RM10,000 bail in two sureties. As bail condition, he has to deposit a sum of RM3,000 for each charge in the form of fixed deposit certificate.
Voon was also required to report to the Sg Maong Police Station in Kuching once a month, and his passport, if any, to be impounded by the court.