Businessman charged with cheating over gold investment scheme

Businessman charged with cheating over gold investment scheme

He is said to have pretended to be deputy minister's aide and threatened to take action over the investment scheme.

Kamarul Ramizu Idrus is charged with trying to cheat a man who was said to be involved in a gold investment scheme. (Reuters pic)
PETALING JAYA:
A businessman has been charged with attempting to cheat a man of RM50,000 over a gold investment scheme.

Kamarul Ramizu Idrus, 54, was charged under Section 420 of the Penal Code and Section 28(1)(a) of the Malaysian Anti-Corruption Commission (MACC) Act 2009 before Judge Norhayati Mohamad Yunus at the sessions court in Butterworth, Penang.

Kamarul Ramizu Idrus.

According to the charge sheet shared by MACC, Kamarul attempted to cheat one Abdul Hadi Abd Majid by posing as the personal assistant to former deputy finance minister Ahmad Maslan on July 6, 2015.

Kamarul was said to have threatened action against Hadi, who was said to have been involved in a gold investment scheme, if he was not paid RM50,000.

He pleaded not guilty to the charge.

Norhayati set bail at RM40,000 with two sureties, and Dec 10 for case management.

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