Woman fined RM500 after pleading guilty to investment fraud

File photo depicting the Kuching Court Complex.

SIBU, Jan 21: A 25-year old woman from Johor was today fined RM500 in default seven days jail by the Magistrate’s Court here after she pleaded guilty to unlawfully obtaining RM31,000 from an investment fraud.

The accused, Jessrene Tan Qiu Tong was charged under Section 37 (1) of the Sarawak Minor Offence Ordinance 1958. The offence carries an imprisonment term of three months and a fine of RM500.

According to the facts of the case, the complainant, a 28-year-old local woman had in June 17, last year received an invitation on her Facebook account to follow a GPX Investment scheme that promised 10 per cent in returns in three days.

She made bank transfers totalling RM89,184 from June 17 to 28.

She realised that she had been cheated when she did not receive the returns as promised and lodged a police report.

Police investigation led to the findings of RM31,000 in the accused’s bank account. — DayakDaily