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Two businessmen charged in Ipoh over bitcoin investment scam | Malaysia

Tuesday, 02 Feb 2021 11:44 AM MYT BY JOHN BUNYAN Subscribe to our Telegram channel for the latest updates on news you need to know. IPOH, Feb 2 Two entrepreneurs claimed trial at the Magistrates Court here to charges of defrauding three women of RM150,500 via a purported bitcoin investment scheme. Reduan Ismail, 38, a bundle clothing owner and Adan Ibrahim, 34, who owns a cosmetic business, pleaded not guilty when the charges were read in front of Magistrate Noor Azreen Liana Mohd Darus. Both Reduan and Adan were accused of cheating Nur Raihan Shabila Md Noor, 24, and Rozidah Yahaya, 49, by tricking them into believing they would get a 20 per cent return for seven months continuously in their Actionmode bitcoin investment.

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