Police leading businessmen Adan Ibrahim 33,(blue jacket) and Reduan Ismail 37,to the Ipoh Lower Courts lockup after being charged for cheating three women at a hotel here..(2nd February 2021) RONNIE CHIN/The Star
IPOH: Two businessmen have claimed trial at the Magistrate’s Court here to three charges of cheating people into investing about RM150,000 in a cryptocurrency scheme last year.
The two - Reduan Ismail, 37 and Adan Ibrahim, 33 - claimed trial to the charges under Section 402 of the Penal Code, which was read together with Section 34 of the same Act.
Reduan and Adan allegedly cheated three women at a hotel in Meru Raya here on May 8 and July 26 last year by making them believe that they could make a 20% profit over seven months with their investments.