KUCHING, Jan. 6 -- The three bank officers previously charged with cheating a 61-year-old woman out of RM16,000 were produced in the Sessions Court here yesterday to face new charges of cheating three other individuals out of a total of RM600,000.
The trio, a 27-year-old man and two women aged 31 and 54, pleaded not guilty to the three charges framed under Section 420 of the Penal Code read together with Section 34 of the same Code.
The Section provides for imprisonment of between one and 10 years, and with whipping and also liable to a fine, upon conviction.
They were charged with cheating the three victims by deceiving them with a non-existent bank investment product, involving amounts of RM300,000, RM200,000, and RM100,000 in Octobe...
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