KUALA LUMPUR, Feb 23 — A broker pleaded not guilty in the Sessions Court today to cheating the director of a recycling company in connection with the purchase of used railway tracks, involving RM210,000 in losses, two years ago.
Chin Kok Wei, 43, was charged with cheating K. Poobalan, 62, by deceiving the latter into believing he could get him (Poobalan) used railway iron, prompting the victim to hand over RM210,000.
The offence was allegedly committed at Nove Metal Recycling Sdn Bhd, Jalan Sungai Besi, Cheras, at 4.11pm on November 14. 2022.
The charge, under Section 420 of the Penal Code for cheating and dishonestly inducing delivery of property, provides a maximum of 10 years imprisonment with whipping and a fine if convicted.
Judge Azrul Darus allowed Chin, represented by lawyer Mohamed Tahir A. Rahman, bail of RM25,000 with one surety and also ordered him to surrender his passport to the court.
He also set March 22 for mention.
— Bernama
